Ladies and gentlemen, Welcome to Luckin Coffee's fourth quarter and full year 2024 earning conference call. All participants will be in listen-only mode during the management's prepared remarks, and ...

CEO Jinyi Guo highlighted that 2024 was a pivotal year, with total net revenues increasing by 38% year-over-year to RMB34.5 billion and operating profit rising by 17% to RMB3.5 billion. He emphasized ...

Meanwhile, Luckin announced in December a reduction in the prices of its raw material supplies for franchisees, effective Jan ...

Luckin Coffee, China's largest coffee chain that became highly popular after it priced a cup at just 9.9 yuan, has announced ...

Chinese coffee chain Luckin Coffee will release its fourth quarter and full year 2024 financial results before the United ...

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 ...

China’s largest coffee chain Luckin Coffee has opened its first two stores in Malaysia with plans to have 200 outlets in the next two years. The chain – with 20,000 outlets in China ...

ADR shares of Luckin Coffee ($LKNCY) rose 2.57% on Friday as reports surfaced about the company’s plans to expand into Malaysia, lifting retail sentiment. According ...