Luckin Coffee

THE BOTTOM LINE

China once stole foreign ideas. Now it wants to protect its own

The country’s courts are inundated with intellectual-property cases

Luckin has expanded with more than 29,000 stores offering low-cost coffee and other customised drinks such as coconut or cheese lattes.

Luckin Coffee’s PE owner gains more control over Chinese chain

The company’s American depositary receipts have gained 24% in the past 12 months

Luckin Coffee opened a net 3,008 new stores in the quarter, including five in Singapore, 21 in Malaysia and three in the US, taking its total worldwide to 29,214.

Luckin Coffee considers bidding for Nestle’s Blue Bottle: sources

China’s biggest coffee chain and its backer Centurium Capital have also been evaluating other acquisition targets

Some suitors have been discussing potential offers valuing Costa Coffee at around £1 billion (S$1.7 billion), some of the people said.

Costa Coffee attracts takeover interest from backer of China’s Luckin

CENTURIUM Capital, the private equity backer of fast-growing Chinese chain Luckin Coffee, is considering a bid for UK cafe operator Costa Coffee, people with knowledge of the matter said. 

Luckin Coffee, with more than 20,000 domestic stores, has only opened about 40 locations in Singapore.

Luckin Coffee, Haidilao and other China chains may be suffering indigestion from regional expansion

Supply chain complexities are among the biggest problems facing catering chains

Luckin Coffee had in June announced a deal to buy US$500 million worth of coffee from Brazil, the world’s largest coffee growing and exporting country.

Luckin Coffee to buy US$2.5 billion worth of Brazilian coffee

CHINA’S Luckin Coffee is set to announce later this year an agreement with Brazil to buy some US$2.5 billion worth of coffee from the South American country’s producers, a Brazilian official said on T...

Haidilao International began its international expansion 12 years ago with an outlet in Singapore. It has since added 11 more in the city-state.

New Chinese F&B wave hits Singapore and rest of South-east Asia

Many look to Singapore as a stepping stone to Western markets, where they can test both consumer demand and their own competence at operating outside the mainland

Luckin Coffee’s recovery shows there’s still growth to be found in an economy grappling with deflation and a property crisis.

China’s Luckin Coffee is back from the brink and beating Starbucks

AFTER revelations of accounting fraud at coffee chain Luckin Coffee emerged in 2020, many believed it was over for the company seen as China’s answer to Starbucks.

Cotti Coffee has expanded its footprint to more than 330 of China’s nearly 400 county-level cities,

Luckin challenger Cotti pushes China’s coffee price war toward boiling point

CHINA’S coffee market is in the midst of a price war, and it’s showing no sign of abating as the country’s leading affordable brand Luckin Coffee faces down challenger Cotti Coffee, the upstart launch...