The Chinese Coffee Chain Beating Starbucks
Big Take Asia9 Juli 2024

The Chinese Coffee Chain Beating Starbucks

China’s Luckin Coffee is the nation’s top coffee retailer, overtaking even Starbucks. That would be notable itself, but less than 4 years ago the company filed for bankruptcy, making its comeback even more unlikely. The turnaround is in part thanks to the chain’s automated stores, cut-price deals and innovative drinks that appeal to local tastes.

Today on The Big Take Asia, host K. Oanh Ha speaks with Bloomberg’s Rachel Chang on how Luckin managed to turn around its failing business to overtake Starbucks, and asks whether it can hold on to its success as coffee takes off in China, and more rivals emerge.

Read more: China’s Luckin Coffee Is Back From the Brink and Beating Starbucks

Further listening: What Does China’s Economic Slowdown Mean For the Communist Party?

See omnystudio.com/listener for privacy information.

Avsnitt(124)

India Won’t Stop Buying Russian Oil. Now It’s Paying the Price.

India Won’t Stop Buying Russian Oil. Now It’s Paying the Price.

President Trump has been cranking up the pressure on India, a country the US has courted as a strategic counterweight against China. Last week, Trump announced a 25% tariff on the country, a higher ra...

5 Aug 202514min

China Bets Big on a $167 Billion Tibetan Dam

China Bets Big on a $167 Billion Tibetan Dam

China is building the largest power plant the world has ever seen, in a very remote corner of Tibet. But the $167 billion hydropower dam has environmentalists and neighboring countries concerned. On t...

29 Juli 202514min

Trump’s Tariffs Force Europe to Rethink Ties With China

Trump’s Tariffs Force Europe to Rethink Ties With China

This week, top European Union leaders are traveling to Beijing for a high-level summit which could set the tone for the relationship between the EU and China for years to come. On today’s Big Take Asi...

22 Juli 202517min

What Is Jane Street? And Why Are Regulators Watching It?

What Is Jane Street? And Why Are Regulators Watching It?

Jane Street is one of Wall Street’s most profitable and secretive firms. And when Indian regulators accused it of market manipulation earlier this month, it rocked the finance world. On today’s Big T...

17 Juli 202514min

The Leaked Phone Call that Plunged Thailand Into Crisis

The Leaked Phone Call that Plunged Thailand Into Crisis

A leaked phone call between Thailand's Prime Minister Paetongtarn Shinawatra and Cambodia's Hun Sen has ignited a significant political crisis in Thailand, leading to large-scale protests and her susp...

15 Juli 202518min

Bloomberg’s Interview With Malaysia’s Longest-Serving Prime Minister Mahathir Mohamad

Bloomberg’s Interview With Malaysia’s Longest-Serving Prime Minister Mahathir Mohamad

Mahathir Mohamad, Malaysia’s longest-serving prime minister, turned 100 this week. Bloomberg Weekend Editor-at-Large Mishal Husain sat down with the veteran former leader for an interview in the offic...

10 Juli 202522min

China's Plans to Make AI a Utility

China's Plans to Make AI a Utility

In a remote part of China's northwestern Xinjiang region, dozens of data centers rise from the desert. A Bloomberg analysis of investor and tax documents and company filings found Chinese companies pl...

8 Juli 202516min

The American Toymaker Suing Trump Over Destructive Tariffs

The American Toymaker Suing Trump Over Destructive Tariffs

Trump’s trade war has thrown American businesses, which source everything from aircraft parts to baby strollers from China, into chaos. Now some companies are challenging the president’s tariff ruling...

1 Juli 202516min

Populärt inom Business & ekonomi

framgangspodden
varvet
badfluence
rss-jossan-nina
rss-borsens-finest
uppgang-och-fall
rss-svart-marknad
avanzapodden
borsmorgon
rss-dagen-med-di
rss-kort-lang-analyspodden-fran-di
rss-den-nya-ekonomin
tabberaset
svd-tech-brief
fill-or-kill
lastbilspodden
24fragor
rss-inga-dumma-fragor-om-pengar
rss-veckans-trade
kapitalet-en-podd-om-ekonomi