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Now, Luckin Coffee might be trying to become an insider in Starbucks' business because Centurium Capital, a majority shareholder of the Chinese coffee chain, is reportedly among the contenders bidding ...
Chinese businesses, from coffee shops to electric-vehicle makers to property developers, are accused of rushing into markets ...
From coffee to cars to real estate, there’s a recurring pattern in China — companies rush into an industry, then resort to ...
Starbucks’ potential sale of a stake in its China business has attracted multiple bids that value the local operations as ...