Luckin Coffee International (Hong Kong) Limited
Location
Founded
2020-07-22
Website
Risk Signals
383 news mentions monitored
Industry Context
This company is tracked across risk categories, including those related to its sector (e.g., Commercial Equipment, Not Elsewhere Classified), including supply chain integrity, ESG practices, labor disputes, and regulatory compliance.
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Recent Articles about Luckin Coffee International (Hong Kong) Limited
Live alerts from global media, monitored by Business Radar
2024-08-01 (yicaiglobal.com)
Luckin Coffee’s Second-Quarter Profit Falls 13% on Lower Prices
(Yicai) July 31 -- Luckin Coffee, which beat Starbucks to become China’s biggest coffee retailer last year, said profit fell 13 percent in the second quarter from a year ago mainly due to lower average product prices amid a volatile market environment and industry seasonality.
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2019-01-21 (forbes.com)
Starbucks Worst Nightmare In China Is Coming True
Starbucks worst nightmare in China—competition from fast-growing start-ups like Luckin Coffee—is coming true. That's expected to put pressure on Starbucks' market shares, sales growth and profit margins, especially as the Chinese economy slows down.
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