Looking further ahead, a large-scale expansion of Luckin Coffee (OTCPK:LKNCY) at scale could threaten established chains such as Starbucks (NASDAQ:SBUX), Dunkin' Donuts, and Dutch Bros.

The chain is expected to copy its successful China playbook of promotions and steep discounts in Malaysia. To commemorate the ...

The company said its international business “will need to reach significant scale” before it can achieve profits. Luckin earned 2.1 billion yuan ($289 million) in net income for the first nine ...

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 ...

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 ...

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 ...

View Luckin Coffee Inc. (LKNCY) current and estimated P/E ratio data provided by Seeking Alpha.

Luckin’s Singapore revenue hit 91.4 million yuan ($12.6 million) over this period, but expenses were almost double, totaling 167.7 million yuan ($23.2 million). The company said its international ...