ADR shares of Luckin Coffee ($LKNCY) rose 2.57% on Friday as reports surfaced about the company’s plans to expand into ...
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 ...
The chain is expected to copy its successful China playbook of promotions and steep discounts in Malaysia. To commemorate the ...
Luckin Coffee's (LKNCY) expansion into Hong Kong is unlikely to be a game changer due to strong local competition. Read why I'm bearish on the stock.
The Ceylon Yuan-Yang is available from 24 January 2025. Luckin Coffee: Brewing Up Success Since debuting in Singapore in March 2023, Luckin Coffee has taken the local coffee chain scene by storm ...
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 ...
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, doubling that of ...
Luckin Coffee is set to open five outlets across Malaysia by the end of January this year. In a statement, the brand stated the first two outlets will open at Sunway Pyramid and Menara EcoWorld on ...