Luckin Coffee is already giving Starbucks a run for its money in China. Now, it’s hoping to take the fight for coffee drinkers to a new international market. The Chinese coffee giant opened two ...

The chain is expected to copy its successful China playbook of promotions and steep discounts in Malaysia. To commemorate the launch, Luckin priced its beverages as low as 2.99 Malaysian ringgit ...

Luckin and Cotti’s gain is Starbucks’ loss. China has been a key growth market for the U.S. coffee chain as Chinese urban consumers flocked to buy its (relatively expensive) coffee.

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Starbucks has long been a popular stock ... but its dedication to innovation may contribute to future price increases. Luckin Coffee is a Chinese company that started operations in 2017.