China Internet Watch
Starbucks is shedding its legacy in China, slashing prices, chasing tea trends, and mimicking local rival Luckin. It battles slowing growth in the world’s fastest-evolving coffee market…
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Why Starbucks blinked in China’s tea-led future
Starbucks is shedding its legacy in China, slashing prices, chasing tea trends, and mimicking local rival Luckin. It battles slowing growth in the world’s fastest-evolving coffee market…