Sino-File

Coffee on the go

“I think we’ll overtake them [Starbucks] in store numbers”

luckin-coffee-w

Luckin Coffee co-founder Guo Jinyi tells the Financial Times that the app-focused coffee chain will have 2,000 stores by year-end (Starbucks has 3,300) and that it is still in the stage of “fast development” where “we are not thinking about profits much”. For our first article on Luckin see WiC406.


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