Luckin’s latest acquisition and Mixue’s coffee trials point to a widening split in strategy.
Written by China Restaurant Insider
Published on
1 Apr 2026
7 mins read
China’s coffee market is heading into its fiercest showdown yet.
Luckin Coffee is set to take its most significant international leap yet with plans to open a branch in lower Manhattan.
The Chinese coffee upstart is expanding from budget drinks into the premium market with a new flagship store.
The Chinese chain has opened two outlets in New York City. Will its ‘coffee to go’ business model, apple fizzy americanos and…
Goldman Sachs initiated coverage of Luckin Coffee (LKNCY) with a Buy rating and $49 price target implying 61% potential upside.…
Pop Mart readies NYC flagship store while Luckin moves into former Starbucks shops
The company expects margins to improve as delivery subsidies normalize and operating efficiency increases.
