The Luckin Coffee scandal has put the spotlight on Chinese companies. We’re going to look at the risks of investing in the world’s second-largest economy
As if the global pandemic, market crash, and isolation weren’t enough, Luckin Coffee plummets, Airbnb’s in trouble, and Amazon does a moral U-turn.
Luckin Coffee has been a thorn in Starbucks’ side, but with the coronavirus pandemic raging through the U.S. could Luckin get the upper hand in China?
In its first-quarter earnings report published on Tuesday, Starbucks beat analyst expectations for the last three months. So why is its stock suffering?
Luckin Coffee is opening stores in China at a rapid pace to compete with Starbucks, but is its business model sustainable?
Starbucks has long been the dominant brand in coffee, but its recently-released oat milk lattes won’t be enough to combat the growth of its rivals.