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

Luckin Coffee (LKNCY) is surging 10% after the company reported that its revenue had jumped 32.7% last quarter versus the same period a year earlier. Luckin owns, operates and franchises coffee stores ...

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

Q4 2024 Results Conference Call February 20, 2025 8:00 AM ETCompany ParticipantsJinyi Guo - Chairman & CEOAn Jing ...

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 ...

Reports Q4 revenue RMB 9.6B vs. RMB 7.06B last year. Net new store openings were 997, comprising 991 stores in China (including 5 stores in ...

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 ...

Chinese coffee shop chain Luckin Coffee has published its unaudited fourth quarter and fiscal year 2024 financial results.

Luckin Coffee Inc (LKNCY) reports a 38% revenue increase and aggressive store expansion, despite challenges in same-store sales growth.

Tourists relax at a coffee manor in Pu'er, southwest China's Yunnan Province, Jan. 7, 2025. [Photo/Xinhua] Luckin Coffee, China's largest coffee chain that became highly popular after it priced a ...

Luckin Coffee, China's largest coffee chain that became highly popular after it priced a cup at just 9.9 yuan ($1.36), has announced rate hikes across its product lineup, leaving many office ...