NEW YORK -- Chinese startup Luckin Coffee is steaming toward Starbucks as it looks to become the largest coffee chain in China this year, the company said Wednesday.
The coffee chain is expanding aggressively, opening 593 new stores in the second quarter alone. With 2,963 outlets under its belt, Luckin now has Starbucks -- which boasts 3,600 stores across China -- in its crosshairs.
