Luckin Coffee launches in U.S. rivaling Starbucks, Tim Hortons

1 day ago 2

• Consumer

LewisTsePuiLung/iStock Editorial via Getty Images

China’s Luckin Coffee (OTCPK:LKNCY) opened its first two stores in New York this week, marking its U.S. entry in a market dominated by listed rivals such as Starbucks (NASDAQ:SBUX) and Restaurant Brands International's (NYSE:QSR) Tim Hortons.

Xiamen-headquartered Luckin (OTCPK:LKNCY

Recommended For You

1. Homepage
2. Politics
3. Luckin Coffee launches in U.S. rivaling Starbucks, Tim Hortons