
The business of a cup of coffee and a cup of tea is fiercely competitive, with $Luckin Coffee(LKNCY.US), $Starbucks(SBUX.US), and $GUMING(01364.HK) all in the mix. The story is all in the store numbers, from price wars and store opening speed to penetrating lower-tier markets.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.

