Luckin Coffee is reportedly planning to enter the US market as early as next year, preparing to beat competitors like Starbucks with its low-priced drinks.
Luckin Coffee's annual revenue exceeded 10 billion yuan ($1.45 billion) for the first time last year. This year, the Chinese coffee chain targets to establish 10,000 stores despite competition from Cotti Coffee, a new brand launched by Luckin former chairman Charles Lu.
Recently, on JobStreet, a recruitment website in Southeast Asia, Chinese coffee chain Luckin Coffee was shown to be recruiting store managers in Singapore, offering a monthly salary ranging from S$3,800 to S$4,900 ($2,824 - $3,641).
Chinese beverage chain Luckin Coffee announced its launch of a new round of partner recruitment to expand franchised stores on December 5. The initiative covers nine provinces and 41 urban areas, mainly in third- and fourth-tier cities.
Pictures of a new "Maners Coffee" store located in Hong Kong's World Trade Centre were posted on November 21 on Xiaohongshu, a popular Chinese lifestyle-sharing platform. Apart from a slight change in its name, the logo is consistent with that of mainland chain Manner Coffee.
On November 7, Sean Ma, the founder of Snow Lake Capital, a hedge fund that reportedly produced a damning 2020 short report on Luckin Coffee, released another research report claiming that "the rebirth of Luckin Coffee is a miracle in Chinese business history!"
Pada 22 Agustus, rantai kopi Cina Ruixing Coffee mengeluarkan pernyataan tentang pelanggaran model kemitraannya, mengatakan bahwa mereka telah menangguhkan perekrutan operator toko kemitraan dengan jadwal pembukaan kembali yang tidak pasti.
Pada 22 Ogos, rangkaian kopi China Luckin Coffee mengeluarkan pernyataan mengenai pelanggaran model perkongsiannya, yang menyatakan bahawa ia telah menangguhkan pengambilan pengusaha kedai perkongsian dengan jadual pembukaan semula yang tidak pasti.
Noong Agosto 22, ang chain ng kape ng China na si Ruixing Coffee ay naglabas ng pahayag tungkol sa paglabag sa modelo ng pakikipagtulungan nito, na nagsasabing nasuspinde nito ang pagrekrut ng mga operator ng tindahan ng pakikipagtulungan na may hindi tiyak na iskedyul ng pagbubukas muli.
अगस्त 22 मा, चीनको कफी चेन्ज Ruiko कफी साझेदारी साझेदारी मोडेल उल्लङ्घनको घटनामा एक बयान जारी गरे, जसले भन्यो कि साझेदार प्रबन्धक को पुन: उद्घाटन अनुसूची को भर्ती निलम्बित गरेको छ।
২২ আগস্ট চীনের কফি চেইন রুই জিংয়েং তার অংশীদারিত্বের মডেলের লঙ্ঘনের বিষয়ে একটি বিবৃতি জারি করে বলেছে যে অনিশ্চিত পুনরায় খোলার সময়সূচির সাথে অংশীদারি অপারেটরদের নিয়োগ স্থগিত করা হয়েছে।
22 अगस्त को, चीनी कॉफी श्रृंखला Ruixing Coffee ने अपने साझेदारी मॉडल के उल्लंघन के बारे में एक बयान जारी किया, जिसमें कहा गया कि इसने अनिश्चित फिर से खोलने के कार्यक्रम के साथ साझेदारी स्टोर ऑपरेटरों की भर्ती को निलंबित कर दिया है।
On August 22, Chinese coffee chain Luckin Coffee issued a statement on infringement phenomena about its partnership model, saying that it has suspended the recruitment of partnership store operators with uncertain reopening timetables.
Chinese beverage chain Luckin Coffee has announced its financial report for the second quarter of 2022, as well as the appointment of An Jing as its new Chief Financial Officer, effective August 8.
Chinese beverage chain Luckin Coffee released its unaudited 2022 first quarter report on Tuesday, showing it achieved revenue of 2.4 billion yuan ($359.9 million) during the period.
News emerged on Monday that Chinese beverage chain Luckin Coffee is considering carrying out a public listing in Hong Kong as its business gets back on track. However, the company issued a statement denying such reports.
