Episode 279: Luckin Coffee vs Starbucks in China with Matthew Brennan by analyseasia published on 2019-01-01T09:09:29Z Matthew Brennan from China Channel joins us to discuss the coffee wars in China between the upstart, Luckin Coffee and Starbucks Cafe. We discuss the origins of the company and the strong management team led by Jenny Qian which brought the startup to its current stage. We discuss how Chinese consumers are now using Luckin Coffee and why they are different and poised to give Starbucks a ride of their lives in China. Last but not least, we discuss the coffee wars in China as part of the proxy war between Alibaba and Tencent and why it will likely to catapult Luckin Coffee outside China for regional expansion. Genre Business Comment by wangwu Wonder if Luckin Coffee will go south when they start to go for profit instead of what they are doing now. Starbucks is no idiot and won't be sitting by the side to let a competitor to eat into their market. 2019-01-01T22:47:28Z Comment by bujingyun Great introduction to the coffee wars in China by Matthew Brennan. 2019-01-01T09:14:40Z Comment by screwtape Did not realize Starbucks China constitutes 30% of their annual revenue in China and they break even with the store in an average of 1 year and 2 months. Impressive discussion by Matthew Brennan on Luckin Coffee. 2019-01-01T09:13:12Z