How Chinese Luckin Is Taking On Starbucks In the U.S.
China's largest coffee chain, is taking on the US. At the beginning of September 2025, just two months since its launch, Luckin had opened five stores in New York City. The coffee giant has only been around since 2017, but it's become a dominant force in its domestic market with almost all of its 26,000 locations in China.For reference, Starbucks has just under 8000 in China and about 17,000 in the US. CNBC visited one of the first lock in locations in New York. It had a number on the coffee counter 00002.T ...