News for Luckin Coffee Inc. (LKNCY)

Starbucks Corp. (NASDAQ:SBUX) will reportedly cut prices on select iced beverages in China by an average of 5 yuan (approximately 70 cents), the company announced on Monday. The move comes amid rising competition and more cautious consumer behavior in the world’s second-largest economy. According to Reuters, Starbucks shared in a post on its Weixin social media account that it will begin reducing prices on dozens of beverages, including non-coffee items and Frappuccinos, starting Tuesday. The pr

Brand reaffirms commitment to premium ingredients through exclusive coconut sourcing from Indonesia's Banggai Islands under its 'Luckin Origin' initiative.

For its China business, Starbucks Corp. is weighing choices including a possible stake sale that would value the assets at several billion dollars.

(Bloomberg) -- Starbucks Corp. has contacted private equity firms, technology companies and others as it considers options for its China business, including a possible stake sale, according to people familiar with the matter. Most Read from BloombergAs Coastline Erodes, One California City Considers ‘Retreat Now’How a Highway Became San Francisco’s Newest ParkPower-Hungry Data Centers Are Warming Homes in the NordicsA New Central Park Amenity, Tailored to Its East Harlem NeighborsMaryland’s Cred

Total Net Revenues: RMB8.9 billion, a 41% year-over-year increase.Gross Merchandise Value (GMV): RMB10.4 billion, a 42% year-over-year increase.Operating Profi

Apr 29, 2025 / 12:00PM GMTOperator Ladies and gentlemen, welcome to Luckin Coffee's first quarter 2025 earnings conference call. (Operator Instructions) Please

The following slide deck was published by Luckin Coffee Inc.

Luckin Coffee Inc. (OTCPK:LKNCY) Q1 2025 Earnings Conference Call April 29, 2025 8:00 AM ETCompany ParticipantsNancy Song - Investor RelationsDr.

In the first quarter, Luckin Coffee (LKNCY) achieved impressive financial performance, reporting revenue of RMB 8.87 billion, a substantial increase from RMB 6.

Luckin Coffee (LKNCY) has released its financial results for the first quarter ending March 31, 2025. The company reported total net revenue of RMB 8.8654 billi

Summary Luckin Coffee Inc (LKNCY) announced its unaudited financial results for the first quarter of 2025, showcasing a significant 41.2% year-over-year increas

Luckin Coffee Inc (LKNCY) is set to release its Q1 2025 earnings on April 29, 2025. The consensus estimate for Q1 2025 revenue is $1.17 billion, and the earning

Summary: Luckin Coffee's latest financial report shows promising performance under U.S. GAAP standards. Analysts forecast a potential 19.27% increase in

SINGAPORE, March 14, 2025 /PRNewswire/ -- Step into spring with Luckin Coffee's latest collaboration featuring Maltese, the adorable characters created by Korean artist MoonLab Studio! Embrace the warmth of spring with the Pair Hug Latte-a delightful new creation from this charming collaboration. Fresh, sweet, yet guilt-free, it's the perfect treat to welcome the season!

Starbucks (SBUX) is reportedly exploring the sale of a portion of its China business, attracting interest from several acquisition firms and Chinese companies.

The company's revenue surged 32.7% in Q4 compared with the same period a year earlier to $1.32 billion.

Luckin Coffee Inc (LKNCY), a leading technology-driven coffee retailer based in China, has announced that it will release its fourth quarter and full year 2024

BEIJING, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Luckin Coffee Inc. (”œLuckin Coffee” or the ”œCompany”) ( LKNCY) will release its fourth quarter and full yea

Insights into Matthews China Fund (Trades, Portfolio)'s Fourth Quarter 2024 N-PORT Filing Matthews China Fund (Trades, Portfolio) recently submitted its N-PORT