The Dramatic Recovery of China’s Luckin Coffee Chain Draws Fans and Skeptics

Luckin Coffee, a Chinese coffee chain, has experienced rapid growth and expansion, with its latest financial statements showing that it has surpassed Starbucks China’s operations in terms of revenue and the number of locations. The company’s latest financial statements show that Luckin finished the quarter ending December 31 with $995 million in revenue versus Starbucks’ […]