
Group 1 - Luckin Coffee has entered a new pricing era with drinks priced as low as 6.9 yuan, down from the previous minimum of 9.9 yuan [1][4] - The price reduction is part of a competitive response to rivals like Kudi Coffee, which has significantly lowered its prices to 3.9 yuan and 4.9 yuan per cup [4] - Kudi Coffee has seen a substantial increase in sales, reportedly achieving a tenfold growth in orders on Taobao within 24 hours of launching [4] Group 2 - The beverage industry is experiencing intense competition, influenced by low-price strategies from companies like Mixue Ice City, which has popular low-cost products [5] - The trend of using low-priced items to drive sales is becoming common among tea and coffee chains, aiming to cultivate consumer habits [5] - The ongoing price war in the coffee and tea sectors highlights the aggressive market dynamics and the need for companies to adapt to maintain market share [4][5]