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 ...

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 ...

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 ...

People order coffee at a Starbucks reserve roastery in Shanghai on Jan 14. [CHINA DAILY] Luckin Coffee, China's largest coffee chain that became highly popular after it priced a cup at just 9.9 ...

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 ...

Luckin Coffee (LKNCY) is surging 10% after the company reported that its revenue had jumped 32.7% last quarter versus the ...

GAAP Operating Margin Expanded Year-over-Year to 10.4%Fourth Quarter Same-Store Sales Growth for Self-Operated Stores Notably ...

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 ...

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 ...

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 ...