China spent nearly $101 million to import 24,100 tons of coffee from Vietnam. Compared to 2023, the import volume increased by 65.8%, while the value skyrocketed by 169.8%. As a result, Vietnam’s ...

The coffee giant is already ... confidence-shattering property market downturn. Sign up here. That has seen Starbucks lose its market leader crown in China to local chain Luckin (LC0Ay.MU ...

In a highly competitive coffee chain market, Starbucks China has expanded its focus from ... are expected to rapidly expand their market share and attract more trade customers, said the company.

In China, the chain is dealing with sluggish economic growth and stiff competition from local brands such as Luckin Coffee, which has gained market share with cheaper products and wider coverage ...