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Starbucks 'unlikely' to be overtaken in China by Luckin in 2019: CEO

Starbucks 'unlikely' to be overtaken in China by Luckin in 2019: CEO

Postby smix » Sat Feb 09, 2019 8:57 am

Starbucks 'unlikely' to be overtaken in China by Luckin in 2019: CEO
Reuters

URL: https://www.reuters.com/article/us-star ... SKCN1PX0II
Category: businessNews
Published: Fri, 08 Feb 2019 02:14:04 -0500

Description: Starbucks Corp is unlikely to cede its leading position in China, the company's fastest-growing major market, to Chinese startup Luckin in 2019, Starbucks CEO Kevin Johnson said in an interview on Thursday.
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