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The Economic Times

Top News / The Economic Times

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Caffeine clash: Starbucks slayer now brews a global coffee blend

Luckin Coffee is looking to expand into Gulf countries with a focus on local tastes and preferences. The company's recent $1 billion investment from Mubadala signals strong institutional support for its growth strategy. After previously overcoming an accounting scandal, Luckin aims to replicate its successful model from China. The venture into the Gulf marks a strategic test of its adaptability in different markets.

29 Sep 2026 9:12 pm