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 ...

Luckin Coffee filed for bankruptcy protection in the U.S. in 2021, but it took just a few years to recover and even dethrone Starbucks as China’s leading coffee chain. Luckin Coffee ...

Luckin Coffee needed premiumisation and volume to boost profitability, as its earlier ¥9.90 strategy squeezed profit margins. By Q2 2023, Luckin had opened 10,000 stores, giving it scale and advantage ...

The debut of Luckin Coffee, which bills itself as the "Starbucks of China" for having the most number of outlets on the mainland, is a sign of things to come for Hong Kong's retail segment ...

The app also features a user-friendly interface for browsing the menu and customising drinks. In conversations with MARKETING-INTERACTIVE, a spokesperson for Luckin Coffee said, "We want to ...

Chinese coffee chain Luckin Coffee has entered the Malaysian market with the opening of two new outlets in Kuala Lumpur. The move is part of a strategic expansion with 200 store openings across the ...

Luckin Coffee's expansion into Hong Kong is unlikely ... Compared with Luckin in Shenzhen, Luckin Hong Kong's menu lacks depth and is also priced higher than Shenzhen's. We note that the coconut ...

Luckin Coffee is already giving Starbucks a run for its money in China. Now, it’s hoping to take the fight for coffee drinkers to a new international market. The Chinese coffee giant opened two ...