China business attracted bids valuing it at up to $10 billion as multiple investment firms, including Centurium Capital, ...

Asia-based private equity firms Centurium Capital and Hillhouse Capital as well as U.S. peers Carlyle Group and KKR & Co are ...

O n Thursday morning, Chloe Chan rode her scooter a couple blocks up from the home she was catsitting at in Manhattan to pick ...

Mixue has grown into the world’s biggest food and beverage chain by selling sub-$1 drinks and adapting quickly as domestic ...

Company is sifting through proposals and shortlisting a group of potential investors for a next round of bidding, sources say ...

Luckin Coffee is huge in China. Now it's entering the U.S. with a model that Starbucks is sunsetting: perfunctory, ...

Starbucks shares are warming up in after-hours Tuesday following reports suggesting the coffee giant has drawn interest from ...

Luckin Coffee, the fast-growing chain that beat Starbucks at its own game in China, is entering the United States.

Shaun Rein says Starbucks has been making major strategic mistakes in China. He's convinced he can turn around SBUX in China.

Luckin Coffee, China's fastest-growing coffee chain, launches first U.S. stores in New York City as it continues global ...

Luckin, which was founded in Xiamen, China in 2017, quickly expanded to overtake Starbucks by number of storefronts in 2019.