ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Travel & Leisure

Luckin on track to be largest coffee chain in China this year

Startup keeps bleeding cash in race against Starbucks

A cup of 'Luckin Coffee,' coffee is poured during the company's IPO at the Nasdaq Market site in New York, on May 17.   © Reuters
MARRIAN ZHOU, Nikkei staff writer | China

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.

Read Next

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more