Overview
Description
Luckin Coffee Inc. is a rapidly expanding coffee company based in China, known for its innovative approach to the coffee retail industry. The primary function of Luckin Coffee is to serve high-quality coffee beverages and food through a model that heavily incorporates technology and data to optimize both its supply chain and customer experience. Using a network of app-integrated stores and kiosks, it differentiates itself by offering a convenient and efficient service, allowing customers to easily order and pick up their drinks via mobile application, significantly reducing wait times. This digital-first strategy directly impacts consumer habits and retail strategies within the food and beverage industry, particularly in highly urbanized areas. With its competitive pricing and wide accessibility, Luckin Coffee plays a significant role in the increasing coffee consumption trend among Chinese consumers, aiming to capture significant market share and challenge established international coffee chains. With its emphasis on tech-driven operations and large-scale domestic growth, Luckin Coffee has become an influential player in the global food service sector.
About
CEO
Dr. Jinyi Guo
Employees
33795
Address
Haixi Jingu Plaza, Building T3
28th Floor 1-3 Taibei Road Siming District
Xiamen, 361008
28th Floor 1-3 Taibei Road Siming District
Xiamen, 361008
Phone
86 59 2338 6666
Website
Instrument type
Common stock
Sector
Consumer Cyclical
Industry
Restaurants
Country
United States
MIC code
PINX