Luckin Coffee secures $500m coffee supply deal in Brazil
Luckin Coffee has entered into a memorandum of understanding (MoU) with the Brazilian Trade and Investment Promotion Agency (ApexBrasil).| Verdict Food Service
Luckin Coffee has entered into a memorandum of understanding (MoU) with the Brazilian Trade and Investment Promotion Agency (ApexBrasil).| Verdict Food Service
The global coffee trade witnessed a remarkable shift in 2023 as Chinese imports of Brazilian coffee tripled within a year. This has set the stage for Chinese coffee chain Luckin Coffee recently entering a MoU with the Brazilian government. This is a strategic partnership that will help consolidate market power for both countries.| Coffee Intelligence
