A cup of coffee is poured during Luckin Coffee’s IPO at the Nasdaq Market site in New York, on May 17, 2019. Brendan McDermid/Reuters
Luckin Coffee, the fast-growing Chinese coffee chain that is outselling Starbucks in China, has established its first American presence in New York City.
The two inaugural stores opened Monday in Manhattan: one in Greenwich Village near the bustling New York University campus, and another in Madison Square North. The company is promoting the launch with giveaways and discounts on its website and social media platforms.
