Luckin aims to undercut Starbucks in the U.S. with low-priced coffee but lacks clear differentiation against other coffee chains. China's coffee market faces overcapacity, with aggressive store ...
China’s Luckin Coffee Inc. agreed to buy an equivalent of 4 million bags of beans from the world’s top exporter Brazil between 2025 and 2029, signaling continued demand from one of the fastest ...
Chinese coffee chain player Luckin Coffee is looking to expand in the United States and other overseas markets amid intensified domestic competition that is impacting same-store sales. Guo Jinyi ...
South-east Asia, with its proximity to China and large Chinese communities, has emerged as the perfect launchpad. Major chains such as Luckin Coffee and Tai Er Sauerkraut Fish have opened their first ...
Luckin Coffee, China’s coffee chain, has reported impressive sales figures, outpacing its major competitor Starbucks (NASDAQ: SBUX) in the Chinese market. This achievement marks a significant ...
China’s Luckin Coffee has agreed to pay a $180 million penalty to settle accounting fraud charges, the Securities and Exchange Commission says. The SEC charged the company with defrauding ...
This Halloween, Luckin Coffee Singapore is encouraging employees to avoid overtiming in the office. The coffee chain has taken on horror and comedy in a new video posted on Instagram. The video ...
Luckin Coffee (OTCPK:LKNCY) is planning to expand to the U.S., according to the Financial Times. Sources indicate the Chinese coffee chain will price drinks between $2 and $3 in a few cities with ...
Short interest in Luckin Coffee Inc (OTC:LKNCY) increased during the last reporting period, rising from 5.89M to 6.07M. This put 2.69% of the company's publicly available shares short. Short ...
Jinyi Guo, Chairman and Chief Executive Officer of Luckin Coffee. “With the hard work and dedication of our team and the loyalty of our customers, we achieved record net revenue and operating ...