The chain is expected to copy its successful China playbook of promotions and steep discounts in Malaysia. To commemorate the ...
China’s largest coffee chain Luckin Coffee has opened its first two stores in Malaysia with plans to have 200 outlets in the ...
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 ...
Luckin and Cotti’s gain is Starbucks’ loss. China has been a key growth market for the U.S. coffee chain as Chinese urban ...
One of China's most powerful regulators has raided the offices of Luckin Coffee after opening an investigation into the scandal-hit firm. The firm's shares slumped this month after it revealed ...
KUALA LUMPUR -- China's Luckin Coffee opened its first two Malaysian stores on Thursday as it brews ambitious plans to expand in the Southeast Asia nation.
Luckin Coffee's (LKNCY) expansion into Hong Kong is unlikely to be a game changer due to strong local competition. Read why I ...
Chinese coffee chain Luckin Coffee has entered the Malaysian market with the opening of two new outlets in Kuala Lumpur. The ...
Amid rumors that Starbucks is considering selling off its China business in the face of intense competition from brands like Luckin Coffee, Starbucks China has appointed Tony Yang as its first ...
Luckin Coffee has made its Malaysia debut with the soft-launch of two outlets on 23 January, in partnership with Hextar ...
In the fourth quarter of fiscal 2024, Starbucks China reported a 7 percent year-on-year revenue decline, with comparable store sales falling 14 percent. While the company launched an "affordable ...
Luckin Coffee, renowned for its innovative offerings and redefining the coffee experience, rings in this New Year with two ...