Starbucks 'unlikely' to be overtaken in China by Luckin in 2019: CEO

Starbucks Corp is unlikely to cede its leading position in China, the company's fastest-growing major market, to Chinese startup Luckin in 2019, Starbucks CEO Kevin Johnson said in an interview on Thursday.

from Reuters: Top News https://reut.rs/2DYUF7o
via IFTTT