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Luckin Coffee
China’s largest coffee chain Luckin Coffee seeks US relisting 5 years after $310M accounting fraud scandal
Luckin Coffee, China’s biggest coffee chain, has said it aims to make a comeback on the U.S. stock market after its 2020 delisting over a 2.2 billion yuan (US$310 million) accounting fraud.
Chinese food and beverage firms flock to Singapore as first step in expansion drive
Starbucks CEO Brian Niccol praises Luckin Coffee’s rapid innovation
Starbucks, Luckin Coffee gain sales momentum in China by tapping smaller cities
Starbucks and Luckin Coffee gained traction in China in the first quarter by targeting lower-tier cities as major urban hubs show signs of market saturation.
May 11, 2025 | 10:49 pm PT
China’s largest coffee chain Luckin Coffee establishes exclusive coconut island in Indonesia
China’s largest coffee chain Luckin Coffee has signed an agreement with Indonesia’s Banggai Islands Regency, making it the exclusive premium origin of coconut milk for its flagship Coconut Latte.
March 24, 2025 | 08:51 pm PT
China’s largest coffee chain Luckin Coffee makes Malaysia debut
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.
January 24, 2025 | 06:49 am PT
Luckin Coffee: from filing for bankruptcy to outselling Starbucks in China
Luckin Coffee filed for bankruptcy protection in the U.S. in 2021, but it took just a few years to recover and even dethrone Starbucks as China’s leading coffee chain.
November 23, 2024 | 04:43 pm PT