PYMNTS-MonitorEdge-May-2024

Luckin Coffee

Retail Pulse: Luckin Taps Into Automated Retail; Little Caesars To Team With DoorDash
Retail Pulse: Luckin Taps Into Automated Retail; Little Caesars To Team With DoorDash
January 10, 2020  |  Retail

Coffee retailers are tapping into digital technology that helps them grow their reach beyond their stores, especially in China, where competition has been brewing between...

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Luckin Coffee Looks To Expand Into Vending Machines
Luckin Coffee Looks To Expand Into Vending Machines
January 09, 2020  |  International

China-based Luckin Coffee is going to set up vending machines where customers will be able to purchase hot beverages and snack products, the company said...

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Luckin Closes In On Starbucks With Nearly 3K China Stores
Luckin Closes In On Starbucks With Nearly 3K China Stores
August 14, 2019  |  Retail

Chinese coffee startup Luckin Coffee has announced it is on pace to become the biggest coffee company in China this year, according to reports. Luckin...

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Chinese Coffee Co Luckin Has Strong Nasdaq Debut
Chinese Coffee Co Luckin Has Strong Nasdaq Debut
May 17, 2019  |  Markets

Shares in Chinese coffee company Luckin Coffee surged about 50 percent in the company’s debut on the Nasdaq on Friday (May 17), according to a...

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Starbucks CEO: Competitors’ Discounting In China Unsustainable
Starbucks CEO: Competitors’ Discounting In China Unsustainable
April 26, 2019  |  Retail

As Luckin Coffee gears up for an initial public offering (IPO), Starbucks CEO Kevin Johnson believes that the use of discounting by competitors is not...

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Luckin Coffee Takes Aim At Starbucks With Potential US IPO
Luckin Coffee Takes Aim At Starbucks With Potential US IPO
February 01, 2019  |  Retail

As it seeks to compete with Starbucks, Chinese startup Luckin Coffee is reportedly looking at an initial public offering (IPO) in the United States. The...

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