Locked in overheated battle with its clone at home, Luckin eyes expansion in U.S.
China’s largest coffee chain is accelerating its move overseas, even as two-year-old rival Cotti Coffee does the same Key Takeaways: Luckin Coffee plans to expand to the U.S. and other…
Luckin continues percolating back from disgrace with breakneck expansion
The coffee chain operator opened a new store every 1.9 hours in the first quarter, boosting its revenue by 85% during the period Key Takeaways: Luckin’s revenue surged 85% in…
Ex-Luckin duo brew up new Cotti coffee brand after sales scandal
Charles Lu and Jenny Qian, Luckin executives who were ousted in a finance scandal, are back in the coffee business with a fast-growing chain of new stores Key Takeaways: Cotti…