Starbucks’ Chinese Rival Luckin Coffee opens US stores in New York first

Starbucks’ Chinese opponent Record the first two places in New York City, Luckin coffee entered the US market this week.

In the village of Greenwich, 755 Broadway and 800 6th Avenue, Chelsea’da, the company’s first uniform to seize the company’s customers. One of the first patrons, in fact, drove 22 hours from Florida to New York, the company was posted in Instagram this week.

“Thank you to everyone who shows and shows the love today. We felt the support in each sip.” “It’s just the beginning. NYC, we are here.”

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New York City Resident Courtney Kraft told the Fox business in these three days in these three days in these three days. Kraft said that the company’s success in China, as well as in coffee and match. Each time the shops have made noise with people.

“The demand was consistent in the last three days. Both places fled at least once in Oatmilk and other milk,” he said.

The headquarters, China, China, China, showed a picture of the logo inside the New York City Metro station last week, sending a photo of the logo. Title reading, “Drop Level: International. The rumors are true, NYC. Now you have a chance.”

Luckin coffee has been a threat to rival chains like Starbucks for a long time The fastest growing chain in China. In 2020, after the internal study of the chain, sales fraud, high-level managers were dissolved with a rough patch. Today is expanding rapidly. In March, the income in the last financial quarter has dropped from 41% to $ 1.2 million.

The company entered China, Singapore and Malaysia 24,097 in China, Singapore and Malaysia during the first financial quarter of 2025. However, the collection of places with more than 22,000 is still concentrated in China.

In the three-month period, 1.743 stores in China, including in Hong Kong, in six stores in Singapore and eight stores in Malaysia, increase the 7.9% increase in a store section by the end of the fourth quarter of 2024.

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The company said that in addition to the effectiveness of our growth strategy in the founder of itself in the founder of its own shops, co-founder and CEO, also reflecting the effectiveness of our development strategy, as well as the effectiveness of our development strategy.

“We will continue to win a market share by capitalizing in the developing coffee market, and continue to offer high quality products at competitive prices.

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Luckin did not respond immediately to the Fox business request for comment.

At the same time, Luckin continues to expand, Starbucks have been revised CEO Brian’s own strategy to pull back customers under Niccol.

In September, Nikcol, shortly after the steering wheel, the company started the company’s strategy to Starbucks aimed at returning to the coffee shop. The plan reduces the stores that reduce and reduce service times to encourage customers to be longer.

Niccol is not only trying to increase the profitability, but is working to improve the work environment after the company’s growing pressure of union campaigns in general and consistent disappointed union campaigns As traffic decreases.

However, in April, the company stated that the relatively comparable sales and profit was disappointed, although Niccol believes that the company expects to be at this point.

“Our material results still do not reflect our progress, but we have a real speed with the ‘Starbucks’ plan. We learn speed and speed,” said Nikcol, in a statement during earnings.

The fox work reached Starbucks for comment.