日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Companies

Luckin Coffee accuses Starbucks of monopolizing market

By Wang Zhuoqiong | chinadaily.com.cn | Updated: 2018-05-15 16:57
Share
Share - WeChat
A screenshot from Luckin Coffee's website. [Photo/luckincoffee.com]

UCar Inc-backed Luckin Coffee has accused Starbucks of indulging in monopolistic practices by signing exclusive rental contracts and pressuring industry suppliers.

In a letter to Starbucks, Luckin Coffee said on Tuesday that the Seattle-based coffee chain has signed exclusive contracts with many property owners in China. Luckin Coffee said the signed contracts with Starbucks block property owners from leasing shops to coffee chain brands other than Starbucks, shops whose 30 percent or above revenue come from coffee products or even brands related with coffee.

Luckin Coffee said many of their top suppliers who supply Starbucks said they were asked to stop providing products to Luckin Coffee.

Guo Jinyi, vice-president of Luckin Coffee, said such practices have affected their normal operations and hurt fair competition, impeding the development of the coffee industry. Guo didn't provide specific names of suppliers that were asked by Starbucks to cease cooperation with Luckin Coffee.

Luckin Coffee has asked their law firm King & Wood Mallesons to represent them in the anti-trust suit against Starbucks.

Luckin Coffee has rapidly expanded in China-opening 525 coffee chain stores in four months. It aims to become an option in the market dominated by Starbucks.

Starbucks has a 58.6 percent share of the market in China, followed by McCafe at 6.1 percent and Costa Coffee at 3.8 percent.

The country's coffee shop market reached 30.1 billion yuan($4.72 billion) in 2017, a sharp rise from 26.1 billion in 2016, according to Euromonitor International.

Starbucks is on the way to achieve its goal of operating 5,000 stores in China by 2021, while continuing to open shops in about 15 new cities annually to reach more than 200 cities by then, according to the company. Starbucks did not reply to China Daily's request for comment by press time.

Starbucks said on Tuesday in a reply to Luckin Coffee’s letter that it is not willing to participate in “marketing promotions of other brands.”

“We welcome orderly competition,” the coffee giant added in a statement.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 欧美黄视频网站 | 精品一区久久 | 色七七网站 | 亚洲永久| 一区二区三区亚洲 | 久久精品国产99国产精品 | 日本一区二区不卡 | 亚洲欧美在线视频免费 | 狠狠视频 | 97精品国产91久久久久久 | 亚洲成人免费网站 | 日韩欧美视频在线 | 特黄视频 | 国产日韩一区二区三区 | 久久综合色婷婷 | 中文在线观看免费视频 | 国产在线一区二区 | 黄网站在线观看高清免费 | 欧美成人一区二区 | 欧美成人26uuu欧美毛片 | 天天操天天玩 | 久9久9精品视频在线观看 | 天天干天天干 | 黄色免费视频大全 | 日韩精品亚洲专区在线电影不卡 | 日韩精品一区二区三区中文 | 久久精品久久久 | 久久久久女人精品毛片 | 免费在线成人av | 欧美精品v国产精品v日韩精品 | 久草在线免费播放 | 国产精品第一区第27页 | 草草视频在线观看 | 影音先锋中文字幕在线 | 久久久久久久久久免观看 | 日韩中文字幕网 | 天堂资源最新在线 | 一级毛片欧美 | 久久男人视频 | 男人激烈吮乳动态图 | 国产精品微拍 |