Tag: Luckin Coffee
-
You Should Never Buy Luckin Coffee in Thailand
Luckin Coffee, a popular Chinese chain known for its tech-oriented approach faced a trademark lawsuit from a similar coffee chain in Thailand that mimicked its branding. Despite scandal and legal struggles, Luckin has continued to thrive in China. The Thai Luckin offers a slightly different experience, charging premium prices and providing a less extensive menu.…
-
The Tale of COTTI Coffee and Its Founders
COTTI Coffee, a new venture by former Luckin Coffee founders, is making waves in the competitive Chinese coffee market with approximately 5000 outlets launched by August 2023. Emphasizing affordable pricing and a mix of marketing strategies, the chain represents the current Chinese entrepreneurial spirit. Nevertheless, challenges relating to rapid expansion and market competition exist, alongside…
-
Luckin Coffee: The number of stores in China has surpassed Starbucks
Despite the financial fraud scandal, Luckin is still a deserving coffee unicorn in China. By the end of 2021, its total number of stores had reached 6,024, surpassing Starbucks China’s figure of 5,557, for real.