One of China's most powerful regulators has raided the offices of Luckin Coffee after opening an investigation into the scandal-hit firm. The firm's shares slumped this month after it revealed ...
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 ...
Known for its high-quality drinks, innovative menu options, and seamless customer experience, Luckin Coffee has quickly become a favourite amongst Singaporeans. Its user-friendly app, brimming ...