One of China's most powerful regulators has raided the offices of Luckin Coffee after opening an investigation into the scandal-hit firm. The firm's shares slumped this month after it revealed ...

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 ...

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 sacked two of its top bosses after new evidence came to light about an accounting scandal. The firm said its chief executive and chief operating officer were fired after ...

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 ...

Shifting away from price-focused tactics to a quality-driven approach, brands like Cotti Coffee, Luckin Coffee, Tims China and Starbucks are finding unique ways to capture market share in a ...

Four years ago, Luckin Coffee was kicked off the Nasdaq after the buzzy Chinese coffee chain admitted that it had inflated its sales by over $300 million. The resulting scandal helped to spark a ...

Ladies and gentlemen, welcome to Luckin Coffee's Third Quarter 2024 Earnings Call. All participants will be in listen-only mode, during management’s prepared remarks, and there will be a ...

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 ...

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 ...