Starbucks King-Konged Chinese competitor
— nSigma @ 5:43 pm
Shanghai Xingbake (星巴克) has lost its case to the global coffee giant Starbucks, as I had predicted about two years ago, and was ordered by the Shanghai No 2 Intermediate People’s Court to change its name and logo, as well as pay a fine of RMB 500,000 (about US$ 62,500).
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