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