Luckin Coffee opens first U.S. stores in Manhattan, expanding its global footprint and intensifying competition in the U.S. coffee scene.
Starbucks China lowers prices on Frappuccinos and Iced Teas to attract a broader consumer base and boost store performance.
Tata Starbucks expands to 479 stores in 80 cities amid rising losses and ongoing economic volatility.
Despite a US$9.28M crore loss in FY24, Starbucks India plans rapid expansion with a focus on store formats and product innovation.