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Luckin Coffee's revenues surge 41.5 per cent

Luckin Coffee's first-quarter revenue surged 41.5 per cent from last year to US$869.5 million.

Luckin Coffee stock still at risk as revenue growth accelerates

Luckin Coffee's net income surges amid higher sales

Luckin Coffee's annual net income soared more than fivefold on the back of higher sales amid new store openings.

Luckin Coffee Inc. Announces Fourth Quarter and Full Year 2023 Financial Results

Fiscal Year 2023 Net Revenues Increased 87% More than 8,000 Net New Store Openings in Fiscal Year 2023; Ended 2023 with More than 16,200 Stores in China BEIJING, Feb. 23, 2024 -- Luckin Coffee...

Luckin Coffee: Management Prioritizing Expansion Over Profit Growth - Hold (OTCMKTS:LKNCY)

How changing consumer tastes are driving China's competitive coffee market

Chinese coffee consumption is growing quickly, spurring cut-throat competition between local and foreign coffee chains.

China's new thirst for coffee spurs cut-throat cafe competition, ET BrandEquity

Analysts expect China's growing thirst for coffee to be a key driver of future demand for the beans as coffee shops expand beyond Beijing and Shanghai to dozens of mid-sized cities where young professionals have warmed to the beverage.

China's Coffee Market Booms as International and Local Chains Like Starbucks, Luckin Compete

EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.

China's new thirst for coffee spurs cut-throat cafe competition - Life & Style

SHANGHAI: Chinese coffee consumption is growing quickly, spurring cut-throat competition between local and foreign...

Caffeine boost: China's rising coffee demand spurs cutthroat cafe competition

China’s rapidly growing coffee consumption is spurring cutthroat competition between local and foreign chains, which are opening shops at breakneck speed, overtaking the number of outlets in the US.