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16 Dec 2023

China Surpasses US in Branded Coffee Shop Count

In a striking industry shift, China now boasts [49,691 branded coffee shops](https://www.instagram.com/p/C02yvSws2bQ/), surpassing the United States' count of 40,062 shops. The rise is partly attributed to the rapid expansion of two Chinese chains, [Luckin Coffee](https://www.lkcoffee.com/) and [Cotti Coffee](https://www.cotticoffee.com/), which together opened 11,063 new stores within a year. Additionally, Starbucks continues to grow in this market, adding 785 stores in 2023.