Lawyer of these Luckin investors said it is the first time investors have tried to hold a company accountable in China for fraud perpetrated on US markets.
The coffee upstart is expanding aggressively across product categories and markets.
Luckin’s expansion to the Middle East and India extend its competition with Starbucks to more markets.
Coffee Box seeks to regain profitability amidst heightened competition and a cooling capital market.
Coffee competition expands to second-and third-tier cities in China.
Subsidies play a key role in the coffee company’s plan to seize the Chinese market.
Michael Norris, research and strategy manager at AgencyChina, joins the podcast to look how Alibaba is dominating new retail in 2019.
HeyTea is well-positioned to hold its own in China’s beverage sector amid competition from Starbucks and Luckin.