Luckin Coffee Is Getting Ready To Expand Internationally
19 / 1 / 2023
A chain of coffee shops in China called Luckin Coffee Inc. serves coffee.
In 2017, it was established in Beijing. It oversaw 5,671 kiosks as of September 2021.
The business runs restaurants, stores, and booths that provide food, coffee, and tea.
Customers who order and pay for drinks online must download an app.
Largest coffee chain in China is reportedly seeking to expand in Southeast Asia.
Luckin Coffee is targeting the competitive coffee shop markets of Indonesia, Singapore and Thailand.
The as-yet unconfirmed expansion plans would mark Luckin coffee’s second attempt at entering international markets.
The company was rocked by financial scandal after fabricated sales of as much as $340m came to light in April 2020.