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Reports that China’s Luckin Coffee to enter US market – plans to undercut Starbuck prices

Luckin Coffee is China’s largest coffee chain.

The reports are that it is planning to enter the US market and undercut rivals including Starbucks with its low-priced drinks. FT with the info (gated).

The firm has not commented on the reports.

Starbucks

This article was written by Eamonn Sheridan at www.forexlive.com.

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