OTCPK:LKNC.YHospitality
Luckin Coffee Scale And Diversification Tested By Surging Non Coffee Sales
Luckin Coffee (OTCPK:LKNC.Y) reports its global store count has surpassed 35,000 locations.
The company cites more than RMB 20b in non coffee beverage sales as part of its latest update.
Luckin highlights 22 star products, each with over 100 million cups sold.
For investors watching China’s branded beverage sector, Luckin Coffee sits at the intersection of coffee and tea consumption trends, with a footprint that now exceeds 35,000 stores. The company’s disclosure of over RMB 20b in non...