Reuters - Video

Edition: US | UK | IN | CN | JP

video Finance Videos

Local startup a new threat to Starbucks in China

Tuesday, July 24, 2018 - 02:02

Local Chinese coffee start-up Luckin Coffee offers a delivery service for their coffee, at half the price of Starbucks. They only fully opened in January this year, but has since expanded to 660 outlets across the country, a feat that took Starbucks over a decade to do in China.

▲ Hide Transcript

View Transcript

Local Chinese coffee start-up Luckin Coffee offers a delivery service for their coffee, at half the price of Starbucks. They only fully opened in January this year, but has since expanded to 660 outlets across the country, a feat that took Starbucks over a decade to do in China.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

Local startup a new threat to Starbucks in China

Tuesday, July 24, 2018 - 02:02