ADR shares of Luckin Coffee ($LKNCY) rose 2.57% on Friday as reports surfaced about the company’s plans to expand into ...
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 ...
The chain is expected to copy its successful China playbook of promotions and steep discounts in Malaysia. To commemorate the ...
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 chain Luckin Coffee has entered the Malaysian market with the opening of two new outlets in Kuala Lumpur. 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.
Start the New Year with a sip of something crisp and satisfying! The Apple Fizzy Americano blends the natural sweetness of freshly pressed apple juice with sparkling soda and smooth Americano ...
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 ...
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 ...