Why Luckin Coffee Is Considered Starbucks' Biggest Competitor - Tasting Table
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Why Luckin Coffee Is Considered Starbucks' Biggest Competitor - Tasting Table
"Luckin Coffee, a China-based chain, opened its first U.S. locations in June 2025, aiming to enter the competitive American coffee market after past setbacks."
"Starbucks, with over 16,000 stores and $31 billion in annual revenue, leads the coffee market, while Dunkin' trails with less than 10,000 stores and $12 billion."
"Luckin Coffee's revenue in China outperformed Starbucks in 2023, presenting a challenge as it introduces lower-priced coffee options to U.S. consumers."
"Ordering at Luckin Coffee is exclusively through its app, unlike Starbucks, potentially appealing to consumers looking for efficiency in their coffee-buying experience."
Starbucks is the leading coffee chain in the U.S., boasting over 16,000 locations and generating over $31 billion in annual revenue. Dunkin' follows as the second-largest with less than 10,000 stores and around $12 billion in revenue. Luckin Coffee entered the U.S. market recently, following past financial issues, and aims to compete by offering lower prices and a mobile app-based ordering system to enhance efficiency. Luckin's successful revenue performance in China might indicate potential for success in the American market.
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