Luckin Coffee vs Starbucks: A Luckin Success in China
There’s a new coffee shop chain in China, called Luckin Coffee, and it’s been fascinating to watch their rise in the local market. I know from my own observations that the Chinese in the big cities love their coffee. I’m aware the current stats on coffee consumption per nation says that the average person in China drinks only 3 coffees per year. However, that is changing *rapidly*.