Tag: luckin coffee

Chains

Luckin Coffee Needs a New Business Model for Long-Term Profitability

6 months ago

As we reported shortly after Luckin Coffee's IPO, the startup will need more than just creative marketing to stick around and compete with Starbucks in China.

Chains

Starbucks Remains Full Steam Ahead on Loyalty and Delivery

7 months ago

Once again, Starbucks quieted naysayers wondering if the company can withstand the pressure from market rivals. Long-term success is now pinned to its ever-growing digital prowess.

Chains

Marketing Is Not Enough For Luckin Coffee to Dethrone Starbucks in China

7 months ago

Luckin Coffee's current business model is not sustainable. And at a certain point, the investor funding has to stop flowing if nothing changes.

Chains

Chinese Startup Luckin Coffee Files for Its U.S. IPO

7 months ago

A look at Luckin Coffee's financials detail what we already knew: The company, just founded in 2017, is growing too fast for its own good. A pending IPO will only add to the mounting pressure of competing with Starbucks in its second largest market.

Independents

Starbucks Rival Luckin Coffee Considers U.S. IPO

10 months ago

Is Luckin Coffee coming to America? Probably not in the near term. But an IPO would offer the startup extra capital to burn through to build the thousands of more stores it has planned.

Chains

Starbucks Earnings Suggest It Is Unfazed by New Competition

10 months ago

The coffee chain beat analysts' estimates across the board on Thursday. Perhaps it is not growing as fast as we originally predicted.

Chains

Starbucks No Longer Dominates the Coffee Market in China

10 months ago

One-year-old startup Luckin' Coffee is making huge gains in China with an easy, straightforward strategy: sell cheaper coffee than Starbucks and be consistently faster on pick-up and delivery.

Chains

Starbucks’ Primary China Competitor Luckin Coffee Is Growing Fast

12 months ago

You have to almost feel sorry for Starbucks here: Can they really match a Chinese company for digital and delivery smarts? Few foreign brands can.