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Luckin Coffee Sets Sights on Manhattan: Will Its Chinese Model Disrupt the U.S. Coffee Market?
1 week ago /
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Author：小编
Luckin Coffee is poised to make a significant leap in its international expansion with plans to open stores in Lower Manhattan, New York. As China's largest coffee chain, Luckin has witnessed rapid domestic growth, boasting a store count that now surpasses that of Starbucks by more than twofold. Despite being delisted from Nasdaq in 2020 due to financial irregularities, Luckin has successfully reemerged in the market, leveraging its innovative flavors and substantial discounts. During its price war with Kudi Coffee, the cost of a single cup of Luckin Coffee plummeted to as little as $1.40. This foray into Manhattan underscores Luckin's commitment to further expanding its overseas footprint.
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