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Q: China Luckin Coffee

Luckin Coffee already in the pipeline to open at least 500 coffee shop in China.

Anyone had try the taste of it coffee?

Will Luckin Coffee replace Starbuck in China?

5 weeks 9 hours ago in  Food  - China

 
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Posts: 1252

Governor

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Not tried it yet. Their advertisements are everywhere but I still know nothing about their coffee. Looking forward to see how they do in a few years. 

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5 weeks 8 hours ago
 
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Several chains have open in major cities but they usually are empty when I walk by them.

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5 weeks 1 hour ago
 
Posts: 15075

Emperor

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Where do Chinese get this half-ass English names?

 

Luckin Coffee startup challenging Starbucks in China worth $1 ...

First, Luckin Coffee revolves around the smartphone. When customers walk into one of its blue-and-white shops, they’re immediately asked to download the Luckin app to order coffee (assuming they haven’t done so already). They can pay using WeChat payments or Luckin’s own “coffee wallet”—but not cash. This fits into China’s so-called “new retail” trend, in which tech giants like Alibaba and Tencent partner with supermarkets and convenience stores on mobile payments, analytics, and inventory management.

Luckin has also aggressively promoted its delivery services—of its 525 outlets, 231 are kitchens dedicated exclusively to filling orders placed in offices, homes, or elsewhere. This mimics China’s boom in e-commerce and food delivery, which has thrived on the back of low-wage couriers.

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4 weeks 6 days ago
 
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https://www.yahoo.com/news/starbucks-selling-stores-closing-operations-150820324.html

 

Time to bail out of Europe and fold, when the big money leaves, the downturn is near.

 

Watch for more companies, if its a trend, short Europe soon.

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4 weeks 4 days ago
 
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Luckin coffee is delicious. They ran a campaign where if you referred their app to your friends you could get a free coffee of your choice! I drink matcha though so I think 25 Yuan is a bit pricey.... But I will choose them over Starbucks any day!

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2 weeks 5 days ago
 
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