{"id":27539,"date":"2018-12-31T16:22:27","date_gmt":"2018-12-31T16:22:27","guid":{"rendered":"https:\/\/qatar-news.org\/qatarnewsEn\/?p=27539"},"modified":"2018-12-31T16:22:27","modified_gmt":"2018-12-31T16:22:27","slug":"this-coffee-company-thinks-it-can-beat-starbucks-in-china","status":"publish","type":"post","link":"https:\/\/qatar-news.org\/qatarnewsEn\/?p=27539","title":{"rendered":"This coffee company thinks it can beat Starbucks in China"},"content":{"rendered":"<p class=\"zn-body__paragraph speakable\"><cite class=\"el-editorial-source\">Hong Kong (CNN Business)<\/cite>After barely a year in business, Luckin Coffee is challenging Starbucks in one of the US coffee giant&#8217;s top markets. <\/p>\n<div class=\"zn-body__paragraph speakable\">More than 1,700 Luckin outlets have sprung up across China this year. That includes a store in Beijing&#8217;s Forbidden City, the historic cultural site from which Starbucks (<a href=\"https:\/\/money.cnn.com\/quote\/quote.html?symb=SBUX\">SBUX<\/a>) was <a href=\"https:\/\/www.reuters.com\/article\/us-china-starbucks-idUSPEK13229420070714\" target=\"_blank\">famously evicted<\/a> more than a decade ago. <\/div>\n<div class=\"zn-body__paragraph speakable\">Luckin plans to have 2,000 outlets by the end of the year. It&#8217;s luring customers with cheap prices and savvy use of technology, which is forcing Starbucks to up its game. <\/div>\n","protected":false},"excerpt":{"rendered":"<p>Hong Kong (CNN Business)After barely a year in business, Luckin Coffee is challenging Starbucks in one of the US coffee giant&#8217;s top markets. More than 1,700 Luckin outlets have sprung up across China this year. That includes a store in Beijing&#8217;s Forbidden City, the historic cultural site from which Starbucks (SBUX) was famously evicted more&hellip;<\/p>\n","protected":false},"author":10,"featured_media":27540,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-27539","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world_news"],"_links":{"self":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts\/27539","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27539"}],"version-history":[{"count":0,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts\/27539\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/media\/27540"}],"wp:attachment":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27539"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27539"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27539"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}