Luckin Coffee Inc.

Luckin Coffee Inc. is a Chinese retail coffee company that operates under the Luckin brand. The company was founded in 2017 and is headquartered in Xiamen, the People’s Republic of China. Luckin Coffee offers a wide range of freshly brewed coffee and non-coffee drinks, such as Americano, Latte, Cappuccino, Macchiato, Flat White, and Mocha. It also provides other products, including coconut milk latte, tea drinks, pre-made beverages, and pre-made food items, such as pastries, sandwiches, and snacks. Furthermore, Luckin Coffee offers cups, tote bags, and other merchandises.

Luckin Coffee operates pick-up stores, relax stores, and delivery kitchens, as well as Luckin mobile app, Weixin mini-program, and other third-party platforms for third-party payment channels. In addition, the company provides technical and consultation services, and manufactures materials for products. As of December 31, 2021, Luckin Coffee had a total of 7,136 self-operated and partnership stores, including 4,397 self-operated stores, 1,627 partnership stores, and 1,102 Luckin Coffee EXPRESS machines.

Luckin Coffee has become one of the leading coffee companies in China and has achieved significant growth since its establishment. The company has established a strong presence in China, with its stores located in more than 28 provinces and autonomous regions across the country. Its delivery network covers more than 400 cities and counties. As of December 2021, Luckin Coffee had more than 1.3 million active customers. The company has also established a strong online presence, with its mobile app and Weixin mini-program registering more than 60 million cumulative downloads.