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玉山銀行全新Podcast節目《玉山學堂》
帶你深入淺出掌握每週市場脈動！

還有知名主持人蔡尚樺領銜的跨世代對談，
從不同的角度打好理財基本功！

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Summary:

This article discusses China’s failing coffee chain and how copying a successful business, this time Starbucks, is not always a recipe for success. Over-expansion and ignoring profit in favor of growth is a recipe for disaster.
Full article: https://www.15mins.today/blog/599-viewing-china-through-the-coffee-cup

Vocabulary and Sample Sentences:

Acclaimed: to welcome / praise somebody/something

Is Roma an acclaimed movie?
Did Mozart garner much acclaim?

Rival: a competitor

Are Apple and Samsung rivals?
Does Youtube have a viable rival yet?

Collateral: something valuable used to secure a loan

Do banks require collateral to secure loans?
Can a reputation serve as collateral?

Burn through: use up

Did you burn through your allowance last weekend?
Is it easy to burn through your holiday budget?

精選詞彙單元 Vocab EP.021: 星巴巴的勁敵 China's Luckin coffee chain (回顧)

通勤學英語 15Mins Today