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Luckin Overtook Starbucks in Chinese Market

A Starbucks and a Luckin Coffee shop are seen in Yichang, Hubei Province, China, on February 24, 2024. In 2023, Luckin Coffee's total sales in the Chinese market reached $3.45 billion, surpassing Starbucks' $3.16 billion. (Photo Illustration by Costfoto/NurPhoto)

Photo Details

Photo ID	#11020402
Date Taken	24 February 2024
Location	N/A
Photographer	Costfoto/NurPhoto
Category	Economy, Business and Finance
Copyright	© 2026 NurPhoto - Costfoto/NurPhoto

Related Keywords

Luckin coffe cafe Starbucks Yichang China February 24 2024 Starbucks Luckin Coffee coffee shop Hubei province Chinese market total sales $3.45 billion $3.16 billion sales surpassing Costfoto NurPhoto retail coffee chain market competition beverage industry Chinese consumers international brand domestic brand revenue fiscal year 2023 coffee culture business growth store presence market share financial performance consumer preference brand rivalry economic development coffee sector franchise.

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