Why Luckin's ultimate target may not be Starbucks

9:05am PDT - May 24th, 2019    bucks - TechCrunch

Starbucks plans to double its store count in China to 5,000 in 2021 and Luckin, a one-year-old coffee startup, is matching up by aiming to reach 4,500 by the end of this year. Luckin’s upsized $651 million flotation has brought American investors’ attention t…