How China's Largest Coffee Chain Surpassed Starbucks

[@Tubemaster32]

The depth of information, the casual way you talk, the general story you build, its genius content. Really, for me personally, I would just be unable to analyze this good.(but I got other skills)

[@theartofbiz]

Thank you very much for the kind and supportive comments! Really makes my day - hope you enjoyed the video and found the analysis insightful!

[@morishimaharuka8754]

luckin coffee also got delisted on sp500 and international exchange commission because this chinese company ripoff of starbucks faked its profit data and its current value is inflated

[@KumaSelf]

Yeah, other skills *wink wink*

[@TonyGutierrez-vy8fj]

yea I was thinking the same, really well explained, informative and entertaining 💯

[@OddlyHistorical]

Who cares dude ( about what you can do or Don't)

[@Ohdamn-ci6gj]

This is a really good video! Don’t despair from the low view count, please keep making them! Ps: consider adding chapters going foward P.P.S: videos on Chinese businesses in particular are quite interesting as it fills a niche most other “business” channels don’t Edit: chapters work now, nice!

[@theartofbiz]

Thank you very much for your support and the constructive comments, I only just saw your comment as it was being held for review by KZbin for some reason! Yes I'll definitely be making more videos of Chinese businesses in the future. Though the plan at the moment is to make videos of businesses from anywhere in the world - as long as the topic itself is interesting (to most people hopefully)! Thanks once again and hope to see your feedback again in future videos.

[@indochinaconnex4308]

Agreed. Actually all of Asia. Some very interesting companies that have dominated western giants.

[@Bishop11111]

Please forego chapters. You’ve got something unique going here. It’s a seamless marathon where you can rewind 10 seconds if you miss anything

[@AllocatorsAsia]

I've covered a few Chinese businesses and Businessmen! Asianometry does some great work too. But agree, and underserved niche

[@matpk]

@@theartofbizChi Na is 💩

[@gagehanke]

You initially caught my attention with a business video discussing Starbucks' competitor (which was new to me), and you managed to engage me further with your dynamic and captivating style of presenting it. Surprisingly, I find myself captivated after just two videos. Kudos to you! Thanks for the fantastic content!

[@theartofbiz]

Thanks so much Gage! It's a real pleasure for me to read comments like these. I'm super glad that you've enjoyed both videos, hopefully see you again in the 3rd one ;)

[@purrfekt]

Interesting writeup on Luckin. Given its recent expansion overseas into Singapore, it will be interesting to see if Luckin's winning formula can scale outside of its home territory in China. Singapore is a nation of heavy coffee drinkers, but is also a highly competitive market and the graveyard of many international coffee chains. Not only will it face competition from foreign franchises (Starbucks, Coffee Bean) and homegrown franchises (Ya Kun, Killiney), there are also mom-and-pop stalls around every corner with good and cheap coffee a quarter of the price at Starbucks.

[@champa9ne]

I'm not a coffee lover but I am totally addicted to Starbucks Cappuccino. I've tried Luckin's cappuccino at Aperia Mall once, but it's the last time for me too... 😝

[@calvin6429]

nobody really goes there in Singapore

[@itsamazing101]

Yes, I’m from Singapore but have never heard of Luckin till this vid, however, I’m also not a coffee drinker. Edit: I went to check and I now know why, there is only 1 Luckin store in the west at Westgate shopping mall, that’s why it’s less well known

[@LunaTheCar]

@@itsamazing101 there is one at Tampines 1 mall too!

[@itsamazing101]

@@LunaTheCar I was referring to the West

[@lain2k3]

I never went to Luckin while I was living in China, I stuck to smaller places with only 1-2 locations. The advertising in our elevators at work is still stuck in my head years later. Excellent video, keep up the great work!

[@theartofbiz]

Thanks for sharing! I can imagine the lack of appeal of both Luckin's brand and drinks back in the days. I wonder if you would've given Luckin a shot had you continued to stay in China!

[@gold9994]

@@theartofbiz I think OP wanted to support local coffeshops with better (obviously) quality drinks.

[@theartofbiz]

Thank you for watching my first ever video! If you're interested in some of the research behind this video, here's a copy of the video transcript along with the relevant sources/references. Hope it can be useful to you. docs.google.com/document/d/1v3Gx_sFueMV0O5TE2X6Hn5kgQ-W9G52C/edit?usp=sharing&ouid=105845290081458110690&rtpof=true&sd=true

[@blackfistdeath1]

Not a coffee drinker, but it’s always a pleasure to read about a business who sticks to the core fundamentals of making a great product at an affordable price and prosper for it. I also enjoy your straightforward, no nonsense style of presentation. Consider me subscribed. 🙂

[@BenRover2961]

their marketing was actually genius: - got Starbuck's attention by claiming they have better profits than them - doubled down on the fake claim scandal just to get the public's attention drama - started working solely for profits, reformed their menu, then make a new legit claim after success. - public opinion skyrocketed due to redemption. they basically planned the drama then their own upbringing which is genius considering they did not defame starbucks along the way.

[@won1853]

Very informational video. Just my 2 cents tho - IMO relying on franchisees for expansion can be a double-edged sword. While Starbucks' method of expansion is slow, it guarantees that all their stores are up to standard and offer the same experience wherever they are. With franchisees, it's often a coin toss. This represents a higher risk to Luckin's branding, especially if Luckin relies on younger consumers and social media. If a few franchisee stores fail to keep up to standard, word can spread quickly and ruin the entire chain's brand image.

[@theartofbiz]

Thanks very much and I couldn't agree more. Would just like to add that I think in Luckin's case - since they're positioned as mid to low tier coffee given the price, consumer's tolerance for lower "standards" from Luckin might be greater than that for Starbucks. So if Luckin messes up once or twice, consumers might be fine with it - but they may not be as forgiving with Starbucks when they're paying a lot extra. This might also explain why Starbucks opted to stop franchsing and go fully operated in China - it reduces the risk that you mentioned, which is asymmetrically higher for them than for Luckin. But this higher risk higher reward dynamic with franchising is real for sure, thanks for bringing this up and sharing with us!

[@klemenkovacic9109]

i mean, what they are doing is aggressivly trying to expand on every region and city and subcity, etc... it's like cereal on shelves at a store, usually one company will buy every other company out and thus have no to very small competition. Expanding into every corner reduces their tax at the end of the year, they are also renting the places as far as i've read on their papers, so in case something goes bust and they lose sales, they can opt out after the lease ends, but with dirt cheap coffee i doubt that will ever happen. having every citizen entangled with their brand and marketing scheme, it allows them to acquire new or already exsisting customer who will do either new transaction and gurantees them sells over long period of time. it's easier to sell, when all you see is their brand on every corner, you wish for a coffee and you say >>ahh, here it is, luckin! Lemme get a cup of coffee

[@klemenkovacic9109]

i think starbucks could potentially own the place with their money, and as an owner of the property they will get their money back, as every year real estate increases in price, so they might be fine with that too. I dont think luckin could buy something with 1000 stores every 3 months, they wrote they have 500M$ on hand that's about it, and i doubt anything can be bought below 500K-1M, so they rent.

[@user-uc3tt8ln5z]

As a foreigner living in China, I can personally say Luckin is awesome, they still do ¥9.9 coffee on weekly basis. Yea they have a lot of different types of coffee too, but some of them generally horrible, the lasted "iced coconut" coffee drink they sold tasted like they added menthol. Also their watermelon latte tasted like it was made from strawberry milk

[@theartofbiz]

Thank you for sharing! Out of curiosity, how often do you choose to order from Luckin when ordering coffee? And what prompt you to order from them as opposed to other coffee shops?

[@user-uc3tt8ln5z]

I would say 9/10 times I would get Luckin. @@theartofbiz Because the price is low and they always have coupons or discounts, it's usually around ¥13-15 for any type of coffee and the quality is good. Big international coffee brands are 3x the price and have less locations. Luckin is everywhere, I never have to go out of way to find one, and ordering via smartphone is easy.

[@petersv]

9.9 yen, like 7 usd cents?

[@youtubedeletedmyaccountlma2263]

@@petersv Don't convert, try to think from the income levels the average people have. So try to find median income. 9.9 yen is still overpriced. Aka just make it yourself.

[@ok-wi7kt]

​@@petersv9.9 yuan not yen lol

[@YourMomNDad]

This channel and Modern MBA make great business essays. Hopefully you can keep it up and I get to enjoy great content. Thanks for this!

[@theartofbiz]

Thank you very much. I'm a big fan of Modern MBA as well - he's the best. Glad you enjoyed this video and hope to see you again in future videos ;)

[@dosgos]

Great analysis and video. I knew Luckin failed a few years ago but had no idea how well the turnaround was engineered. The management had some great strategies and some luck, with the celebrity endorsement & ironically, pandemic.

[@Xind0898]

quality of this video reminded me of reading havard business school's business case study! easy to understand while extremely insightful. welldone!

[@theartofbiz]

Thank you very much!

[@hwasaornothing]

Consider adding chapters & flash-cards to separate them + investing more time in music/sound effects for the video - it will boost this already amazingly presented content to new heights due to how KZbins algorithm works

[@theartofbiz]

Thank you for the feedback, will definitely consider adding in music in the future to make it less dry. I thought I have added chapters - are you not able to see them?

[@animeandstuff5377]

@@theartofbiz im a fan of the no music video essays. i hope you don't lol please.

[@sumirunihon]

What a great first video. I'm glad to've stumbled upon your channel when it only had 1600 subs. Can't wait to see where this channel goes.

[@theartofbiz]

Thank you so much, I really appreciate it - hope to continue seeing you in future videos!

[@chiragpatel6364]

Hey from Australia here. This is an amazing video, very detailed and easy to understand. Please continue making more videos like this!

[@lychnii]

As a ABC who spent 3 months in China and I gotta say I much prefer the taste of Luckin compared to Starbucks tho nothing beats homemade espresso. But their drinks are more hit or miss with how experimental they try to be with their coffee drinks. I have dranked some excellent ones like jasmine tea flavoring and some that I found inedible due to the odd flavorings they paired with coffee. I can still finish starbucks drinks that weren't to my taste but not with some Luckin drinks. You're right that they adapted their drinks to the chinese youth demographic, instead of Starbucks on college campuses its Luckin on Chinese college campuses. Starbucks is still popular since its still seen as a upscale cafe to chill for salaryworkers.

[@klemenkovacic9109]

i cant finish some of starbucks's coffees, not because of the taste, but because of the amount of sugar they have. I cant finish medium or larger sized Chai Latte, it's just goes to trash bin.

[@Larry-Lobster]

Wow great analysis! As someone else said, you should focus on big Chinese brands, especially ones that have grown tremendously in the past few years. It’s a great niche that other Western channels don’t cover as well, especially if you compare them to well known Western brands. Some good new topics could be Huawei vs Apple in China or BYD vs Tesla. Keep it up!

[@haoiliforyou]

Wow, I can already tell that this channel will be very successful one day! The information was very understandable and the explanation extremely well. You just earned a new subscriber! Keep up the good work :)

[@theartofbiz]

Thank you very much! Hope to see you again in future videos :)

[@kenshennn]

First video I've watched and I feel like I've just found a goldmine of information summarized in a thorough yet concise manner. What an amazing channel, keep up the good work!

[@theartofbiz]

Thank you very much! Hope you were able to learn something from this video :)

[@shayankhalid713]

Watching Art of Business videos is like going to Harvard Business School for your MBA. Its becoming a regular part of my routine and really helps me increase my business acumen. Looking forward to the next one so please keep it up! 👍🏽

[@theartofbiz]

Thank you very much! I'm glad you find my videos insightful and educational, hope to see you again in future videos ;)

[@kiraflo98]

Oh wow. I was just listening to the video while doing some housework and didn't particularly look at number when clicking on it, so I was surprised to see that you are a fairly small channel! Very well put together! Keep up the good work!

[@theartofbiz]

Thank you!

[@Allen-qs2xr]

There are few channels I'd say are worth a sub after one video, but this is definitely one of it. Excellent concise analysis.

[@theartofbiz]

Thank you very much! Really glad you enjoyed the analysis!

[@Allen-qs2xr]

@@theartofbiz Since you have done Luckin, would love to see you research Mixue and their mysterious supply chain and low prices. That's also a wonder of the Chinese beverage market. They recently came to Thailand and is really killing it.

[@originaozz]

Thank you for this informative video. One thing I realize is how strategies that seem so basic can still be groundbreaking. The menu innovation works because the scale that Luckin Coffee has to make it widespread. The brand presenter is probably their biggest stroke of luck, but they did pick a unique figure to represent the brand instead of hiring the biggest celebrity. Their franchising approach reduce their risk in expansion (while might not be quality assurance).

[@Cryptofreak_JT]

I just started on the Lululemon video, got hooked and finished all 3 in a single seating! Very insightful analyses on the business models. Would be cool if you could do one on Airbnb vs major hotel chains in future.

[@sugarmice]

How does this channel only got 800 subs? This is top notch content

[@theartofbiz]

Thank you for the support!

[@giffarmasabih8108]

Apart from its well executed strategy and brilliant inovation, I'm glad that you mention the "luck" factor such as hitting the right menu, pandemic, and signing star athlete that was unknown before. They're lucky, but they're able to ride on the luck so well and now they're reaping the benefits Keep up the video! Really enjoyed it

[@theartofbiz]

Thank you very much! Glad you enjoyed the analysis and the video!

[@hanna.nguyen]

Was listenning to this in one go and the whole thing is so well structured and informative. Thinking in my head I must leave a good review and seems like you already received many :) I'm not a lone :) Keep up the good work!!!

[@theartofbiz]

Glad you enjoyed the video! Thanks for watching :)

[@DrKosmos]

Very well produced. I can see the parallels with Modern MBA's channel and presentation. Very good stuff I love. But that "Failure" at 0:54 hits way harder than I expected. Almost thought Uncle Rogar was going to make a cameo.

[@theartofbiz]

Thanks very much, I'm a big fan of Modern MBA - his videos are great so I'm glad you can see parallels in our work! Also, forgive my ignorance but Who's Uncle Rogar?

[@DrKosmos]

@@theartofbiz First reply isn't showing so I'll type again. Uncle Roger is a KZbin who often does cooking tutorial reviews for asian foods. It's in the same vein as "Emotional Damage" type of comedy.

[@theartofbiz]

@@DrKosmos Ahhh... hope I'm not as savage as he is ;)

[@danny_poo]

Very informative content and well constructed! Keep up the great work. Personally I've stayed well away from Luckin as their business practice and the scandal really irks me and sums up the mass consumerism ideology in Shanghai. Luckin really hit the jackpot by finding the sweet spot of catering to the masses who essentially do not enjoy coffee, but enjoys the ideals of coffee, mixed with the already incredibly mature industry of sweet tea beverages. It really is a winning formula. I still can't helped but find it quite gross that as long as it's cheap consumers will look over any shady business practices.

[@AD-ns3cw]

I visited china a couple month ago! Luckin really catch my attention y'kow. I also a heavy coffee drinker, i oder their crysantinum latte! It's not the best latte i ever drink but it had intresting taste! What shock me is all thier staff so friendly for foreigner that can't speak chinise and didn't have wechatpay. The staff help me order by using her phone!❤ That is just the best experience ever!

[@BurtProctor]

Outstanding video content and very professional presentation. Also quite informative for Luckin and Starbucks investors. Well done!!

[@theartofbiz]

Thanks for watching, glad you found the video informative!

[@azorath]

Incredibly surprised you have only 10k subscribers with such high-quality videos already! Love this and your spotify video.

[@theartofbiz]

Thank you very much! Glad you enjoyed both videos!

[@Megazyi]

I stumbled upon your video as I was scrolling on what to watch. You did an amazing job telling all the points needed to be said. I hope you will get much attention.

[@theartofbiz]

Thank you very much!

[@212004gacl]

I like how the conclusion is crafted, simple and yet impactful

[@lunaskye621]

Just subscribed. I love watching business analysis videos like this. Keep up the good work 😊

[@theartofbiz]

Thanks for watching! Glad you like this style of content!

[@ChickenWingzz]

So cool! Luckin started expanding into Singapore and I thought they couldn't possibility turn a profit by selling coffee for a dollar each for new customers. This makes much more sense now

[@j_k_rz]

Brilliant analysis! Never knew they had such an amazing rebound story, really appreciate your video! Subbed!

[@theartofbiz]

Thank you very much!

[@emmanuelgonzalezcaseira9141]

What can I say that hasn't been said already? watched both videos back to back, and now I'm subscribed. Continue the hard work, I can see it paying it off for you, maybe even sooner than you expect.

[@theartofbiz]

Thank you very much, I'm very glad you enjoyed my videos - seeing comments like these make my day :)

[@yayaya5493]

really informative, in-depth analysis. Well use of graphs, videos, illustrations to help make the story telling even better. Keep it up! Looking forward to your next video. You made my day

[@theartofbiz]

Thank you very much!

[@aloiscrk]

Dope video, I am really happy I found your channel, keep it up!

[@theartofbiz]

Thanks for watching!

[@Thejoyceeful]

Thank you for this informative video! I like how it’s so comprehensive yet easy to digest even for business amateurs like meee 😍😍😍

[@theartofbiz]

Glad you liked it. Thanks for your support!

[@WilliamJackson-ig3qb]

Where on earth did this channel came out from. Very good videos! Subscribed

[@theartofbiz]

Haha thank you very much!

[@okay4403]

Love your channel. You and Modern MBA are fantastic quality.

[@DragonBonder]

i like Luckin's minty coconut latte! never thought this combination would taste that good. good job new management

[@Kirinboi]

Luckin’s coffee is actually pretty damn good. U order from ur phone, collect later. That coconut latte is actually crazy delicious I hope people get to try it.

[@snax387]

Great video! I viewed this after your spotify analysis. Im excited for your next video; this channel is definitely one to keep an eye on!

[@theartofbiz]

Thank you very much, I really appreciate it and looking forward to seeing you in future videos :) Cheers.

[@astalagriotte]

Just came across your channel and I’m a fan! Will watch the Spotify video as soon as this is down.

[@theartofbiz]

Thanks for watching!

[@Cross_your_t]

I watched both of your videos, you’re incredible! I hope this channel grows so you can make more videos for me to binge.

[@theartofbiz]

Thank you very much! I'm glad you enjoyed both of my videos - more to come in the future ;)

[@peywrax]

such an interesting deep dive! keep it up!

[@alectong]

Appreciate the efforts on the in-depth research! Love the HK British accent

[@xiaoyunchen8337]

I love Luckin coffee! it came a long way and can be proud of its journal.

[@stefanwolf8558]

"Douyin the Chinese version of TikTok" Me: Isn't Tiktok the Chinese version of TikTok??

[@antonrudy]

No, It’s TikTok is the uncensored version (more or less), Douyin is controlled by the government. Almost every foreign app is banned in China if the gov doesn’t have control. So some of them have different versions: the global one, and the Chinese one

[@jeffy5120]

Keep up the good work! We're all waiting for your next video!

[@theartofbiz]

Thanks for watching! Just released the next one about Lululemon, do check it out if you can - cheers!

[@fergman300]

I Purchased hundreds of shares of Luckin when it was at the bottom during the fraud outcome... months later I sold it all but one share and made 120 bucks. Today that one share has a return rate of 1808.4%. Or why did I sell..... Great video...thanks.

[@leogougeon8984]

Finished the Spotify video and figured I would watch this one too. No regrets whatsoever. Having personally had the coconut milk latte I can say it is genuinely a delicious product and it doesn’t surprise me that it would have had such a big impact on their growth. Thank you for this fantastic analysis, I can’t wait for the next videos. Good luck :)

[@theartofbiz]

Thanks for watching! I'm glad you enjoyed both videos, hope to see you again in the next one ;)

[@bruceh4180]

Does the Starbucks there not already have coconut latte, soy latte almond latte etc as in the USA? Just curious. Thanks

[@NobodyInTraining]

This video is even better than the Spotify one 👍 great topic and excellent analysis

[@theartofbiz]

Thank you for the support and for watching both videos! Glad you enjoyed them. Hope to see you in the 3rd one ;)

[@MultiMojo]

Excellent video, presentation is top notch. This turnaround will make a great b-school case study on how to turnaround a business by going back to the basics, instead of over financialization.

[@theartofbiz]

Thanks for watching, really appreciate it!

[@gaad]

This is a gold mine channel

[@juicycs]

great video seems similar to modern mba which is great!!

[@sheilatheodora3954]

I love your breakdown. Keep making company case studies for me to learn! Thanks!

[@theartofbiz]

Appreciate it and thanks for watching!

[@nomiz1987]

amazing content, very informative with actual data. keep up the great work

[@kaythia-s9h]

This is fantastic！I hope you can post more China-focused content。 I‘ve subscribed and look forward to it。

[@kellychan3023]

Nice video! Always looking for more channels that cover topics like these!

[@theartofbiz]

Glad you enjoyed the video! Thanks for watching :)

[@kuyanglonghair5641]

Here before this channel blows up. Great content!

[@theartofbiz]

Thank you very much, I really appreciate it!

[@Vivaz79]

Thank you for this clip. Excellent job.

[@theartofbiz]

Thanks for watching!

[@maxsong1206]

Thank you for a very well-made video. It was very informative, and the process of explaining was exceptional.

[@theartofbiz]

Thank you very much, I'm very glad you enjoyed the video :)

[@atp1579]

Awesome! so much value per minute. Epic

[@shanejackson2062]

Subscribed. This content is great. I feel like your channel is on the way up 👍

[@theartofbiz]

Thank you very much! Hope to see you again in future videos

[@jojogodance]

This video made so well , i learned a lot ! 🎉

[@theartofbiz]

Thank you very much! Glad you were able to learn something from this!

[@Roy10629]

Amazing first video keep it up brother

[@theartofbiz]

Thank you very much!

[@markcmoon]

Excellent presentation with very informative content and analysis! Thank you!

[@theartofbiz]

Thank you very much, I'm really glad you enjoyed it and hope you found it insightful!

[@amandabangan5721]

This video really reminds me of how the local franchise in my country (Zus Coffee) were popping up like mushroom even during pandemic! I guess the founder follow the business model of Luckin (not 100% but partially). Interesting video!

[@tanweiqi99]

Great analysis and delivered well that isn't boring/difficult to understand. In my opinion, I feel that luck was one of if not the biggest key factor that had a role in the rise of Luckin Coffee. You could say that the Luckin Coffee company really "lucked out". Without various factors that compounded to bring a snowball effect over the few years after new management taken over such as signing Eileen Gu before prominence or their business model that worked well during Covid-19 period, I don't think that their turnaround would be anywhere near as smooth sailing as it was.

[@theartofbiz]

Thanks for watching, and I definitely agree that luck has been a big part of their success, if not the biggest.

[@kentershackle1329]

Love the presentation.. but somebody plss tell me whats with the male deer / Buck brand logo got to do with Coffe. When i first saw these shops, i thought its some outdoor sports store..😂 LoL.

[@DJcatamount]

Yoo something about your style of presenting works keep this up

[@theartofbiz]

Thanks for watching!

[@ntsikayomzimbebe2056]

Ya, this channel will blowup soon if you keep at it.

[@theartofbiz]

Thanks very much!

[@RayMak]

Starbucks is called Xin Ba Ke in Chinese

[@Music-tb3qc]

As a marketer, I really loved this video

[@theartofbiz]

Glad you enjoyed the video! Thanks for watching :)

[@jeomarquiro]

This could pass the thesis in MBA... 🤭 UR SO GENYUS BES..... ibah... Ang Gwapo pa ng boses... 😅

[@ivanjoblomongo1984]

Very in depth video. I just subscribed. Keep it coming

[@theartofbiz]

Thanks very much!

[@2816524]

New subscriber here. Really interesting content and i was recommended this video by a friend. Cheers for the good work🎉

[@b1ackcode]

🎉 Keep it up! Your video is highly valuable & exciting! Great

[@theartofbiz]

Thank you very much, really glad you enjoyed the video!

[@haleydonovan3421]

Incredible analysis. Wow!

[@theartofbiz]

Hope you enjoyed the video and found it insightful! Thanks for watching :)

[@sdesai1]

Such well made videos, appreciate the time you put into these!

[@KF-zb6gi]

Wow that was a nice watch. The content is well thought out, even I feel as a customer it totally makes sense how they turned the business around. I guess investment in R&D is important in all areas that deal with products. When I buy something online it feels iffy just to buy one drink, so I always pick the one I usually drink and choose whatever new or I haven't tried yet.

[@will_do7616]

I had one of the coffee and it’s decent. What I hate is the online buying since I’m poor. I don’t have that much cellular data

[@kenichidc]

This is such a high quality video I thought it was cold fusion’s

[@gdenngiam6250]

Amazing content! Keep up the great work!

[@rcdlie2153]

Thank you truly for this video. Such great explanation. 🙏

[@fitnessnaturale]

Woooow! This might become a million-subscriber channel.

[@Evangelionism]

This overview is AWESOME ❤

[@theartofbiz]

Thank you so much! I'm super glad you enjoyed the video :)

[@Evangelionism]

@@theartofbiz Yeah man, your Spotify video is killer too. Subbed +1 I like the business/economics/industry coverages

[@davis907]

very high quality video! Keep up the good work!

[@theartofbiz]

Thanks very much! Hope you found the video insightful!

[@Christopher0420]

Please keep this up, this is good content. Just came to your channel from the Spotify video but It sucked when i only saw 2 videos. Very well made. Please make more.

[@alwaystheintern]

They just did a moutai coffee which sales went CRAZY cause of how viral it was.

[@electrichearts]

luckin coffee is actually SO SO SO good

[@suleiman1520]

Spectacular vid good job and looking forward to more!

[@theartofbiz]

Thank you! Really appreciate it and hope to see you again in future videos.

[@DanteLovesPizza]

The immediate question that came to my mind and was never addressed throughout the video is, how do you know this second spike of growth, sales, revenue, profit, etc is not also fabricated?

[@rodneynoriel1528]

This nothing but paid propaganda…. I would never trust a stock of a company that is immune to SEC scrutiny.

[@theartofbiz]

Good question - that is definitely not something I'm ruling out. I suppose I think they would be under much more scrutiny given their initial scandal and thus won't be trying so hard to be relisted if they're still fabricating stuff

[@incyphe]

Thank you for this video. I've learned so much!

[@Jaiysful]

The key difference is, Western markets cares more about the depth in flavour and also very health conscious. The Asian markets demographic who would drink a 'coconut'/'fruit-flavoured' coffee would be equivalent to West's energy drink consumers. Starbucks demise in China is inevitable.

[@LYNNYUYI]

Love your video amazing analyse, hope for more in the future!

[@theartofbiz]

Glad you liked it, thanks for watching!