Luckin Coffee Inc.

Luckin Coffee Inc. was founded in 2017 and is headquartered in Xiamen, China. It is a technology-driven coffee provider with an innovative online-offline model and mobile and store networks, offering pickup and delivery options, while also locating coffee shops in main shopping centers and office districts. The company operates an active mobile app and has a strong presence on third-party platforms that offer a 100% digital experience to customers. Luckin Coffee’s store network includes pick-up stores, relax stores, delivery kitchens, and more. The company’s technology covers every step of its business process, from customer engagement and storefront operations to supply chain management and includes additional big data analytics and AI solutions. In 2018, Luckin Coffee announced the completion of its b-plus raise of $150 million in total and declared its goal of reaching 2,000 shops in 30 major cities in China. That same year, the company signed a strategic cooperation agreement with Tencent. In 2019, the company announced the pricing of its initial public offering. Interested in trading this instrument? Follow it for news and updates on the current LK value.