But the strategy adopted by Luckin' worked: the coffee chain promises more affordable options and emphasizes on mobile ...

The chain is expected to copy its successful China playbook of promotions and steep discounts in Malaysia. To commemorate the ...

Human beings are inputs, but birthrates don’t matter. The latter is evidence that two seemingly opposing ideas can be true at ...

China’s Luckin opened its first stores in New York, showing off its mobile app and low prices, areas where Starbucks has ...

Luckin Coffee opened its first stores in Bejing in 2018. It is often compared to the U.S. coffee juggernaut Starbucks (NASDAQ: SBUX), but that is only an easy frame of reference as both are coffee ...

Luckin overtook Starbucks as China’s largest coffee chain by store count and revenue two years ago. The company is now ...

Luckin Coffee, whose marketing plan has the company spending three times as much as it earns to fuel its aggressive growth, has long offered a free drink in exchange for downloading its app.

Grilled fish on a generous bed of numbing chillis and peppercorns from China's south-western metropolis, Chongqing; ...

Once Luckin has blanketed a market, it shuts down delivery—because the economics don’t make sense for a product that sells for about $2.50—and relies solely on pickup.

Luckin Coffee (OTCMKTS:LKNCY) executives are surely smiling as traders drawn to cheap prices slowly lift shares of Luckin stock. This investment is a fool’s errand, though, since the disgraced ...