Luckin Tea will launch a separate app and a mini-program focused on lower-tier cities.
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Posted inTurf Wars
Luckin launching juice business in China with European partner, LDC
The coffee upstart is expanding aggressively across product categories and markets.
Posted inUp and Comers
Luckin Coffee shares jump 13% on narrowed Q3 losses, revenue beat
The results reflect an improved cost control strategy.
Posted inHeavy Hitters
Luckin Coffee testing self-service coffee machines
Users can locate the nearest coffee machine and place an order through the Luckin app.
Posted inTurf Wars
Luckin Coffee eyes markets in Middle East and India with Americana partnership
Luckin’s expansion to the Middle East and India extend its competition with Starbucks to more markets.
Posted inHeavy Hitters
Chat Room: Michael Norris on Luckin Coffee’s business model
Luckin Coffee is projected to have the largest coffee network in China by the end of 2019 at its current rate of growth.
Posted inOn the Cusp
Starbucks rival Luckin Coffee files for US IPO
The IPO filing comes less a week after the company’s $150 million Series B+ that raised its valuation to $2.9 billion.
Posted inWith Chinese Characteristics
Alibaba, JD, Tencent, and WOW, LUCKIN COFFEE! with Michael Norris
Michael Norris from Agency China talks earnings. They go over the quarterly reports from Alibaba, JD, and Tencent, as well as Luckin Coffee’s very impressive report, which sent their stock soaring.
Posted inTurf Wars
Luckin joins Starbucks in blurring boundaries between coffee and tea
Delivery giants Meituan and Ele.me stand to benefit from the coffee giants’ latest battle
Posted inOn the Cusp
Starbucks or Luckin? Consumers voice support for locally brewed coffee king
Chinese consumers have reacted positively to the brand, which positions itself as an alternative to Starbucks.
