date:Jan 02, 2019
ace.
Starbucks' Reserve Roastery in Shanghai, which opened in late 2017, is the company's biggest store in the world.
Luckin is focused on competing on price, according to Hu. The company promotes discounts on Tencent's popular social network, WeChat, and its coffee is generally cheaper than Starbucks'.
Suyu Meng, 25, who works at a tech startup in Beijing, said she's torn between the two brands. She is drawn to Luckin's cheaper prices, but also likes the more high-end experience at Starbucks,