The coffee price war in China is getting even more cutthroat: now you can get a cup of Americano for 2.9 yuan (~41 cents) at Luckin (瑞幸) or as low as 0.5 yuan (~7 cents) from Cotti (库迪) if you order one through an online platform and pick it up yourself!
Even Starbucks has to cut prices by 5 yuan per cup…
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