News

Luckin Coffee (LKNCY) enters the U.S. market with New York City stores, rivaling Starbucks (SBUX)with $1.99 coffee deals.
Luckin Coffee Inc marked its official entry into the United States with the soft launch of two pickup-only stores in New York ...
Beleaguered coffee company Starbucks faces a direct challenge on US soil from an upstart chain that has already proved its ...
Luckin Coffee has launched in the U.S. with two stores in Manhattan, challenging Starbucks. It is known for its low-priced ...
Five years after a financial scandal, China’s leading coffee chain is testing its footing in Starbucks’ home market.
Luckin Coffee was founded in 2017 and is based in Xiamen, China. Since its inception, the company has expanded to over 20,000 locations across Singapore, Malaysia and China, where it unseated ...
NYC ☕️ Don’t miss the soft opening of LUCKIN COFFEE tomorrow, June 30! Stop by starting at 7am and you will be one of the ...
Luckin Coffee (LKNCY) is set to challenge rival coffee chain Starbucks (SBUX) on its home turf with a planned U.S. launch. The Chinese company is establishing its first American store, located at ...
Luckin Coffee—booted from the Nasdaq in 2020—has overtaken Starbucks in both China revenue and store count.
Key Takeaways: Luckin Coffee plans to expand to the U.S. and other markets following its first offshore move into Singapore, as competition remains stiff and demand weakens at home The budget ...
With the headaches now rapidly fading from view, Luckin is in full-on expansion mode to solidify its leadership in China’s increasingly crowded coffee market.
In just two and a half years since its launch, Luckin Coffee has become the largest coffee chain in China, surpassing Starbucks, which took more than two decades to achieve that status. Data ...