The 2024 Annual Report, which contains Luckin Coffee’s audited consolidated financial statements prepared under U.S. GAAP as of and for the fiscal year ended December 31, 2024, can be accessed on the ...

People order coffee at a Starbucks reserve roastery in Shanghai on Jan 14. [CHINA DAILY] Luckin Coffee, China's largest coffee chain that became highly popular after it priced a cup at just 9.9 ...

Luckin Coffee is already giving Starbucks a run for its money in China. Now, it’s hoping to take the fight for coffee drinkers to a new international market. The Chinese coffee giant opened two ...

China’s Luckin Coffee has agreed to pay a $180 million penalty to settle accounting fraud charges, the Securities and Exchange Commission says. The SEC charged the company with defrauding ...

But China's economic slowdown has changed all that, driving consumers to lower-cost options. Luckin and Cotti are catering to such coffee drinkers, with both recently indicating they have no plans ...

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. The ...

A latte laced with throat-scorching liquor has proved a hit in China, with coffee lovers ... The boozy beverage – a collaboration between coffee chain Luckin and distiller Kweichow Moutai ...

Net new store openings were 997, comprising 991 stores in China (including 5 stores in ... Jinyi Guo, Chairman and Chief Executive Officer of Luckin Coffee (LKNCY), said, “The year 2024 has ...

The only difference was a sideways flip of the brand's deer-shaped logo. In August of the same year, Luckin Coffee clarified that it had no official presence in Thailand and identified the stores ...