Luckin Coffee expects to become biggest coffee chain in China in 2019, surpassing StarbucksLuckin Coffee expects to become biggest coffee chain in China in 2019, surpassing StarbucksChina's up-and-coming coffee brand Luckin Coffee has set forth an ambitious plan, aiming to surpass US rival Starbucks in 2019, irrespective of previous news reports about its massive loss which was confirmed by the Chinese coffee chain.

Samsung shuts Tianjin mobile phone plant amid shrinking market share in ChinaSamsung shuts Tianjin mobile phone plant amid shrinking market share in ChinaFacing a diminishing market share in China, Samsung has shut its Tianjin mobile phone factory, with 2,600 employees there either acceptin…

Apple cuts forecast, citing weak China sales amid trade tensionsApple cuts forecast, citing weak China sales amid trade tensionsApple Inc on Wednesday took the rare step of cutting its quarterly sales forecast, with Chief Executive Tim Cook blaming slowing iPhone s…

China's leading car-sharing firm faces cash crunch amid surging demand for deposit refundChina's leading car-sharing firm faces cash crunch amid surging demand for deposit refundThe deposit refund problem faced by several bike-sharing firms including Ofo is spilling over to car-sharing leader Togo, casting doubts …

Luckin Coffee's massive loss creates doubts about its futureLuckin Coffee's massive loss creates doubts about its futureThe recent media reports about Luckin Coffee suffering from a huge loss have laid bare the weakness of the Chinese nascent coffee brand's…

Nike still 'bullish' on China despite uncertainty about US tariffsNike still 'bullish' on China despite uncertainty about US tariffsNike has not yet seen any impact on its sales in China and does not expect to see any major fallout, despite continuing uncertainty about…

Apple pushes out software update to avoid China iPhone banApple pushes out software update to avoid China iPhone banApple pushes out software update to avoid China iPhone banApple pushes out software update to avoid China iPhone banApple Inc. sought this week to avoid a ban on the sale of older iPhones in China by releasing a software update that some intellectual pr…



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