Luckin Coffee: the Newest Unicorn after First Funding Round
Luckin Coffee announced on July 11 the completion of their Series A funding round, giving the company a valuation of $1 billion and bringing it into the unicorn...
7/11/20182 min read
Tag: #Luckin Coffee
Showing 12 of 38 posts with this tag
The Underdog Province Catching Up With China’s Tech Boom
As the number of urban factory workers in Fujian is dwindling, having fallen 22% between 2012 and 2016, the region is faced by the daunting challenge of repositioning itself on the industry specialization spectrum.
China's Coffee War Escalates as Tencent Joins Hands With Luckin
Bejing-based coffee chain Luckin Coffee and Internet giant Tencent openly challenge the Starbucks-Alibaba alliance by announcing their strategic agreement on Se...
Tim Hortons China's Stock Price Disappoints Shareholders One Month After Listing
It has been more than a month since the Chinese business of Canadian coffee chain Tim Hortons went public on the Nasdaq, but so far, the coffee company that is trying to become the second Starbucks has not performed well in the US stock market.
10/31/20223 min read
Ctrip Considering Takeover of CAR, a Car Rental Company Owned by Luckin Chairman
Rumors are circulating that Chinese travel service provider Ctrip is in negotiations to buy China Auto Rental (CAR) to expand its car rental business.
4/10/20202 min read
Luckin Coffee Files For U.S. IPO with Total Financing of $100 Million
On April 23, Luckin Coffee, the Chinese Starbucks challenger, filed for official IPO to the U.S. Security Exchange Commission, with the ticker symbol 'LK'.
4/23/20193 min read
A Review of Cotti Coffee's First Store in Shanghai Created by Former Team Member of Luckin Coffee
Cotti Coffee, a new coffee brand created by Luckin Coffee's original core team, opened its first store in Shanghai in November, situated next to an outlet of its competitor, Starbucks. The coffee brand is also the sponsor of Argentina, the 2022 World Cup champion.
12/23/20223 min read
Luckin Coffee Updates $510 Million U.S. IPO
Luckin Coffee, the Starbucks challenger in China, is seeking to raise up to $510 million in the U.S. initial public offering (IPO).
5/7/20191 min read
Ep. 32: Luckin Coffee, Starbucks Challenger or a New Breed of F&B for the 21st Century?
In episode 32 of TechBuzz China, co-hosts Ying-Ying Lu and Rui Ma talk about Luckin Coffee, the hybrid online-offline coffee chain unicorn startup that’s turnin...
Luckin's Ex-Chairman Charles Lu Launches a New Venture: Chain Restaurants
Charles Lu, founder of the controversy-ridden Luckin Coffee, now its ousted CEO, is said to embarking on his next venture: noodles restaurants, according to the latest from 36kr.
5/13/20213 min read
Former Luckin Coffee Chairman's New Venture Expands in China
Cotti Coffee, a new venture of Charles Lu, the former chairman of Luckin Coffee, opened its first offline store in Fuzhou in late October, and the brand has been making further progress since then.
11/11/20223 min read
Luckin Coffee and Moutai Jointly Launch the "Sauce Fragrance Latte"
On September 4th, Luckin Coffee officially announced a strategic partnership with Kweichow Moutai, becoming the first Chinese chain restaurant brand to establish such cooperation.