Luckin Coffee News

Peking University Medical Lucky Coffee Health Innovation Center officially unveiled, opening a new chapter of win-win cooperation

On May 9, 2024, Lucky Coffee and Peking University Medical School jointly unveiled the “Peking University Medical Lucky Coffee Health Innovation Base”. The two sides announced that they will conduct in-depth research cooperation in the field of coffee health. Guo Jinyi, co-founder, chairman and CEO of Lucky Coffee; Yang Fei, co-founder and chief growth officer of Lucky Coffee; Academician Qiao Jie, Peking University Executive Vice President and Medical Director; Xiao Yuan, Deputy Director of the Medical Department; Wan You, Party Secretary of Peking University School of Basic Medicine; and Kong Wei, Director of Peking University School of Basic Medicine, attended. The base will be dedicated to promoting education and research in the field of coffee health by providing internships and practical opportunities and settings

China InvestorsMay 10 20:02

Express News | The product was revealed to have mold in ice cubes Ruixing: We take it very seriously and have carried out internal inspections as soon as possible

BreakingsMay 10 15:47

Vietnam's coffee drought warning, there are still concerns after Robusta prices plummeted

Vietnam, the world's largest producer of robusta beans, still needs more rainfall to ease the drought conditions in coffee growing regions.

Zhitong FinanceMay 9 16:54

US stocks close | Tech stocks support US stocks! The NASDAQ rose more than 1%, S&P recorded the biggest three-day increase in nearly half a year, and Nvidia rose nearly 4%

US bond yields broke away from a three-week low, and two-year yields rose for the first time in four days. The US dollar index stopped falling three times in a row and broke out of its low level for more than three weeks.

wallstreetcnMay 7 07:01

Tight supply intensifies, the price of Robusta coffee beans climbed to a 45-year high

According to data from the International Coffee Organization, the price of Robusta beans has climbed to its highest level in 45 years due to the growing tight supply of coffee bean varieties used in espresso and instant drinks.

Zhitong FinanceMay 6 14:12

Express News | Lucky Coffee's case against Shenzhou Uche opens

BreakingsMay 6 11:59

Express News | Direct access to Omaha | Interview with Mario Gabelli: I'm buying this kind of Chinese company!

BreakingsMay 4 16:33

Lucky returned to losses, Starbucks rarely plummeted, and competition in the Q1 coffee industry heated up in 2024?

Soon after the earnings report was released, “Lucky's 9.9 yuan campaign shrinks again” and other related topics once again appeared on social media hot lists. Starbucks China is actively adapting to the pace of competition in the domestic coffee industry. For example, they continue to lay out low-tier cities in China, but they still have no intention of participating in a price war.

cls.cnMay 4 16:19

Luckin Coffee Unveils Sumatra Gayo SOE, Endorsed by World Barista Champion

SINGAPORE, May 3, 2024 /PRNewswire/ -- Luckin Coffee debuted its latest Single Origin Espresso (SOE), the Luckin Black Cup Sumatra Gayo series, today, inviting coffee aficionados to savour its exceptional taste and distinctive flavour.

Yahoo FinanceMay 3 10:00

Starbucks Shares Plunge After Sales, Earnings Miss -- Update

By Heather Haddon Starbucks's chief executive is pledging a turnaround after the coffee giant reported a sharp slowdown in visits and weaker-than-expected sales and profit in the latest quarter. Sha

WSJMay 1 06:40

Starbucks Falls Short on Sales, Earnings as Challenges Mount -- WSJ

By Heather Haddon Starbucks's chief executive is pledging a turnaround after the coffee giant reported a sharp slowdown in visits and weaker-than-expected sales and profit in the latest quarter. Cha

WSJMay 1 04:06

Earnings Call Summary | Luckin Coffee(LKNCY.US) Q1 2024 Earnings Conference

The following is a summary of the Luckin Coffee Inc. (LKNCY) Q1 2024 Earnings Call Transcript:Financial Performance:Luckin Coffee reported Q1 2024 revenue of RMB6.28 billion, a substantial 41.5% growt

Futu NewsApr 30 22:35 · Conference Call

US Stock Outlook | Expectations of interest rate cuts continue to cool down, and the three major indices weaken slightly; Lilly soared by nearly 7% before the market, and the company raised its full-year revenue guidelines

Goldman Sachs: US inflation is still falling, the election is not critical to the Federal Reserve, and interest rate hikes are unlikely; Tesla has begun a new round of layoffs: firing two executives and cutting about 500 people in the supercharging department.

Futu NewsApr 30 20:10

Press Release: Luckin Coffee Inc. Announces First Quarter 2024 Financial Results

Luckin Coffee Inc. Announces First Quarter 2024 Financial Results First Quarter Net Revenues Increased 41.5% to RMB6,278.1 Million Average Monthly Transacting Customers Increased 103.2% Compared to

Dow JonesApr 30 19:09

Express News | Lucky Coffee: Total net revenue for the first quarter was 6.278.1 billion yuan, an increase of 41.5% year-on-year, and the total number of stores reached 18,590

BreakingsApr 30 19:08

Coffee futures prices are expected to continue to rise, hoarding and extreme weather will impact Vietnam's supply

① Due to the bleak supply prospects in Vietnam, a major coffee exporter, coffee prices are expected to continue to soar, and the hoarding phenomenon and bad weather have exacerbated supply constraints in Vietnam; ② Due to Vietnam's supply shortages, London Robusta coffee futures prices have risen by about 50% this year, reaching the highest level in at least 16 years.

cls.cnApr 26 17:50

Luckin Coffee to Announce First Quarter 2024 Financial Results on April 30, 2024

BEIJING, April 23, 2024 (GLOBE NEWSWIRE) -- Luckin Coffee Inc. ("Luckin Coffee" or the "Company") (OTC: LKNCY) will release its first quarter 2024 financial results before the U.S. market open on Tu

GlobeNewswireApr 23 20:00

Express News | Lucky refutes the rumor that it “does not recruit Shanghainese people”: resolutely opposes any form of geographical discrimination

BreakingsApr 21 13:11

Lucky Coffee's official Weibo announced that the Lucky Coffee (Jiangsu) roasting base was officially put into operation with a total investment of 120 million US dollars and an annual production capacity of 30,000 tons.

Lucky Coffee's official Weibo announced that the Lucky Coffee (Jiangsu) roasting base was officially put into operation with a total investment of 120 million US dollars and an annual production capacity of 30,000 tons.

Zhitong FinanceApr 20 16:33

Cocoa Climbs on Signs of Resilient Demand Despite Record Price

Cocoa climbed in New York as grindings data suggested demand for the chocolate ingredient is holding up even as prices soared to a record amid a global crunch.

BNN BloombergApr 18 17:55