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Monday 18 November 2024
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Luckin Coffee

Companies

Here is why Luckin Coffee and Starbucks are not direct rivals in China

Desk3 -
MILAN — Shares of Luckin Coffee recovered slightly on Wednesday closing at 36.310, after losing more than a quarter of their market value due...

Luckin Coffee responds to allegations contained in an anonymous report

Desk3 -
BEIJING, China – Luckin Coffee Inc. yesterday issued the following responses to the allegations contained in an anonymous report (the “Report”), which was made...

Coronavirus outbreak may undermine Luckin’s growth prospects in China

Desk3 -
MILAN – Luckin Coffee's stock has fallen as much as 24% from a peak of over $50 reached in mid-January amid concerns that the...

Luckin Coffee announces closing of the issuance of an additional 1.35 million ADSs

Desk3 -
BEIJING, China – Luckin Coffee Inc. (“Luckin Coffee” or the “Company”) (NASDAQ: LK), has announced the closing of the issuance of an additional 1.35...
Companies

Luckin Coffee announces pricing of US$400 mil convertible senior notes

Desk3 -
BEIJING, China — Luckin Coffee Inc. has announced the pricing of its previously announced offering (the “Notes Offering”) of US$400 million in aggregate principal...
Coffee Machines

Luckin announces smart unmanned retail strategy with Schaerer coffee machines

Desk3 -
BEIJING, China – Luckin Coffee Inc. (“Luckin Coffee” or “the Company”) announced in a strategy press conference that the Company is entering the unmanned...

Luckin Coffee, Louis Dreyfus Company break ground for coffee roasting facility in China

Desk3 -
ROTTERDAM, The Netherlands – XIAMEN, China – Louis Dreyfus Company (LDC) and Luckin Coffee on Monday laid the foundation stone for their joint venture...

Luckin Coffee announces proposed offering of US$400 mil Convertible Senior Notes

Desk3 -
BEIJING, China — Luckin Coffee Inc. (“Luckin Coffee” or the “Company”), a pioneer of a technology-driven new retail model to provide coffee and other...

Luckin reports quarterly revenue beating expectations at $215.7 million (+540%)

Desk3 -
MILAN – Luckin Coffee Inc. reported better-than-expected results on Wednesday and said it aims to break even next year. The Xiamen, China-based company, in...

China Coffee War, Luckin’ Coffee now has as many locations as Starbucks

Desk3 -
Milan – According to figures provided by Thinknum Alternative Data, Luckin Coffee now has as many locations as Starbucks in China. As of November...
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