Starbucks worst nightmare in China--competition from fast-growing start-ups like Luckin Coffee--is coming true. That's expected to put pressure on Starbucks' market shares, sales growth and profit margins, especially as the Chinese economy slows down.
Starbucks worst nightmare in China--competition from fast-growing start-ups like Luckin Coffee--is coming true. That's expected to put pressure on Starbucks' market shares, sales growth and profit margins, especially as the Chinese economy slows down.
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