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LC0A

28.40000 EUR
0.2
0.71%
Last update May 19, 9:35 PM CEST
Main market
Day range
28.40000
29
Previous close
28.20000
Open
29
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Luckin Coffee Inc. ADR
28.40
0.20
0.71%

Overview

Description

Luckin Coffee Inc., an American Depositary Receipt (ADR), offers investors exposure to one of China's rapidly expanding coffeehouse chains without needing to invest directly in the foreign market. Established in 2017, Luckin Coffee has quickly grown its presence with a focus on technology-driven operations and consumer convenience, emphasizing app-based ordering and cashless payment systems. The company's strategy to integrate digital platforms with physical coffee outlets positions it uniquely within the food and beverage sector, directly impacting the retail and consumer services industries. The ADR provides a channel for United States investors to participate in the company’s growth, as ADRs represent shares in Luckin Coffee issued by banks in the U.S., facilitating ease of trade on American exchanges. This mechanism allows for a more straightforward investment process for those interested in capitalizing on the robust consumer market of China. Within financial markets, Luckin Coffee's ADRs are significant for illustrating the potential growth dynamics of emerging markets companies entering the global landscape through innovative business models and technology adoption.

About

CEO
Dr. Jinyi Guo
Employees
33795
Address
Haixi Jingu Plaza, Building T3
28th Floor 1-3 Taibei Road Siming District
Xiamen, 361008
Phone
86 59 2338 6666
Instrument type
Common stock
Sector
Consumer Cyclical
Industry
Restaurants
Country
Germany
MIC code
XSTU
Main market

Exchange is currently active.
Closing in 13 hours 41 minutes

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