How Chinese startup Luckin Coffee is competing with Starbucks

[@XiyuYang]

This video didn't age well.

[@luckylee3204]

If the fraudulent behaviour of Luckin Coffee’s senior management team has caused you financial loss, details of how to get involved in a class-action lawsuit(s) and the probability of a successful settlement can be found here: kzbin.info/www/bejne/iHWYZoinZtBnftU

[@sjoq9031]

Trump: Luckin is a national security threat.

[@deancuban894]

If thats a joke comparing Huawei its pretty bad consider Trump is correct

[@tokekkk]

IT SPIES YOUR INTESTINES

[@sjoq9031]

@@tokekkk dude you funny. Lol

[@stefanitaalexandru8132]

@@deancuban894 correct in what?

[@deancuban894]

@@stefanitaalexandru8132 Do you follow the news? Look up US and Huawei

[@katechen8957]

Who's here after stock crashed?

[@AliAuto101]

I bought $500 80 stocks hoping will hit $50 👍👍

[@mylescrumel9633]

I think it will go back up but sense they have scandal it’s a gamble right now

[@tiredleeches771]

Fortunately I only had 7 shares I bought at $27 and panicked n sold when it hit $7.50. probably will be a good stock once again when the dust settles

[@katechen8957]

tired leeches really? Do you think they will make profit in the future?

[@tiredleeches771]

@@katechen8957 hard to say, ithink it'll take some time to gain investors trust again. I didn't know a whole lot about the company but it seemed like they had a good thing going on

[@1982blvd]

It's about time Starbucks gets some real competition. This will ultimately force Starbucks to be more careful with their prices.

[@thesisko4031]

Their coffee sucks anyway, u pay more money for smoother boose so u should pay more money for smoother coffee beans, star bucks coffee is spikey to me. Tim Hortons had the best beans, McDonals bought the company that supplied them, im not sure if they serve the same beans in the U.S.

[@abesapien9930]

Lol, it was never competition, just lies.

[@petergriffin9902]

asimo this aged well

[@keegan773]

asimo And now this false company has collapsed.

[@1982blvd]

@@keegan773 Covid19 impacted all businesses, especially ones in China.........

[@holdenmcgroin8917]

I tried it few daya ago. Great to have alternatives. A bit fed up with starbucks

[@wacanaforever1878]

Me too feds up wth Sbux

[@JuicerNation]

not speaking about coffee quality but this is probably just another trash china stock. a smart investor stays away from chinese ipos. 99% trash lol

[@DanielIles]

拿大熊 here in Alaska we have coffee huts as a good alternative!

[@minordu935]

KC Do you have a 1 million in cash in bank account?

[@Mzwambedu]

@@JuicerNation lol its US IPOs that are trash, even Warren Buffet does not bother with them, they are just cash grabs

[@divinejusticefeelsgood]

Luckin coffee beans enter into your system and follows you with an inbuilt GPS in it.

[@sryherd766]

Jim Taylor Bahahaha!

[@Iquey]

No need. You have to have the app so they can track where people are drinking their coffee.

[@追寻造物主]

@@Iquey 咖啡粉里面包含了中国制造的纳米计算机，

[@bobyhermawanarifin9942]

One thing you need to know, almost all applications ask their users to activate the location, even they can find out what you are doing with your smartphone. They call it big data. If you don't want your data to be tapped by them, just throw away your smart phone 😂

[@zobenny8290]

luckin ‘CEO：I am very worried about my daughter

[@Fro7enDesigns]

zhou Benny Luckin’s CEO: We’re actually a fraud, like most of our Chinese counterparts.

[@cchui01]

The problem with some American companies is that they don't innovate or provide them only as luxury even after a great success. China companies don't do this hold back and want to target as much public as possiblity can. This is why i like Chinese products and now services. They like to make changes to suite and beneficial to general public. They have this advantage because China has a lot of people. McDonald's, Starbucks, etc make a lot of money in China so it's no surprise local companies want to compete.

[@joecole2762]

So your definition of “innovate” is copying American business model and put more Tech into it?

[@ThePeacekoh]

@@joecole2762 U.S did same thing against German technologies.

[@陈庆德-b9d]

@@joecole2762 Make Coffee is copy？Their business model is Totally different

[@nzmanhdee6246]

It’s just a matter of competition

[@chrissuka2557]

@@joecole2762 how is it copy if starbucks is the one copying luckin coffee on its delivery system. Starbucks is ripping off luckin coffee off on newer business innivations. And dji drones beat american rivals bevayae of better tech, at better prices. That's not a business system but an universal standard competive goal.

[@wacanaforever1878]

Luckin coffee , please Go public in Indonesia, we need better reasonably price than Starbucks

[@tokekkk]

and also strictly limited to locally sourced coffee beans policy, to support our coffee farmers.

[@vincentiusricky9281]

We have tons of great local Coffeeshop chain with a lot cheaper price. You should go out more, I guess.. Lol

[@wacanaforever1878]

@@vincentiusricky9281 ofcourse, tons of local coffee shop. But im compare it with big chain like Starbucks.

[@Grandier]

​@@wacanaforever1878 we have our own local brand coffee chain, never heard of Anomali? or Tanamera? Anomali uses 100% indonesian coffee, and 70-90% beans used in Tanamera is locally sourced. why should we get another overseas coffee brand? we produce our own commodity and make the products, hell we even export them. not capitalizing on that and asking for a new overseas coffee chain is fucking dumb local coffee shop chain is what you should be buying things from, not fucking starbuck shit

[@FirstNameLastName-tx6td]

@@Grandier I'm Australian and fully agree. Starbucks largely failed here but it's on the rise again. A lot of our coffee beans come from Indonesia.

[@johnnywalker2220]

The cost per car he says is 11 yuan 。Starbucks sells it for 40. Got to be stupid to pay for that

[@smdanny1]

People in China (or emerging markets) drink Starbucks because it's a foreign brand and do it for the brand status and recognition. There're now a lot of local coffee/tea shops in China that in terms of taste, originality, and quality are so much better than Starbucks but most people just don't care

[@MrEndzo]

When I was in PEK airport, pretty much every coffee was that price, maybe 35 minimum.

[@ubercoolnamehere]

@@MrEndzo that's because you're at an airport...

[@陈庆德-b9d]

Luckin coffee price is 22-28Yuan, not 11Yuan

[@ewjxmes]

@@陈庆德-b9d yea but they have been giving coupons every week for a long time. I pay generally 7-10 for 冰拿铁

[@stephenyoong9527]

I am from Malaysia. I use to visit Starbuck almost every alternate day before the trade war. Since the trade war started, I have completed stop visiting Starbuck. I totally against any form bullies. I will also stop using other US products. Everyone should standup & go against bullies.

[@jimmiklas6318]

After seeing the insanity in Washington I've decided to boycott anything American (and Israeli) so I will try the Luckin coffee.

[@omarfaruque98xy]

And you are typing this on a video in KZbin? KZbin is American you dimwit

[@omarfaruque98xy]

@K B Yeah bite the hand that feeds you

[@rashiqueify]

@K B lol lame comeback bruh

[@jimmiklas6318]

@@Nov1706 China is nationalist not communist. You watch too much American TV. Easy to start a business or buy property in China.

[@asdfghjkl92213]

@@omarfaruque98xy KZbin was actually chinese before it got brought by Google :/

[@goodmushroom]

who is watching this video after the drop?

[@johnnywalker2220]

Starbucks is it rip off

[@fredflintstone6338]

Yes it is a rip off

[@tonychong1148]

In my country no one will spend that much money for a cup of coffee at Starbucks. We have much cheaper and more tasty local coffee for a quarter of the price.

[@Ottovonostbahnhof]

Tony Chong Italy ? France?

[@bic5548]

Tony montana ask tony chong, tony stark find it amuse. I guess is malaysia or Singapore. Liberica coffee beans instead of arabica or robusta beans. Tried before, tony montana?

[@yahwehsonren]

Italy?

[@Spyrit2011]

The best coffee you will ever have is buy the coffee cherries, roast the beans and grind the beans yourself, you will never touch corporate coffee ever again.

[@JuicerNation]

thats because your country is poor. starbucks is always popping because you're paying for quality. even when the bathrooms are filled with methheads and homeless people, starbucks keeps selling its coffee.

[@DanielIles]

Starbucks has that American *feel* though. The Chinese really have a thing for American goods. I think this silly factor might play a huge roll in the competition Starbucks faces in China. It worked with Apple v Huawei...

[@kair0tv255]

It’s so funny looking through the comments today after the scandal. Trump was correct.

[@joet4811]

He was right. These investors were mocking and laughing at Trump as seen in these earlier comments. But who is laughing now.

[@lisak.kresgelisak.kresge2554]

They rich sees an economic crisis as a garage sale also the rich stays rich by investing and diversifying their portfolio with stocks, cryptocurrency and forex trading which is the widest thing every individual need to do and it's really profiting

[@ejetamartins6870]

yeah you're right one need to diversify to have different streams of income.

[@roddenvirginia2374]

diversifying is the best key to and being wealthy

[@kelvinmark6916]

Do you know we've got to see people remain poor and not being millionaire due to igonrance of investing that saddens me.

[@hannacollins7818]

not because of igonrance, it's just because of the high rate of unproductive brokers in the market.

[@alisharodriguez6604]

you've got to see unprofessional broker but we still got lucrative and profitable professional brokers out there looking for investors.

[@abesapien9930]

What an ethical, upstanding company this is!!!!!

[@weview8943]

As a poor people in China, I just taste luckin for one time, because they give every new customer a free cup of coffee .🤣

[@23kiroya]

was it good?

[@weview8943]

@@23kiroya I think it OK, I don't drink coffee a lot, I love drink tea. And I have to say luckin in China is not Starbucks type coffee. In China we called luckin a "web coffee shop", you order a cup of coffee on your phone, and you can called them to deliver to your office, or you going to their shop pickup and go, not like Starbucks, you have table and chair to enjoy your coffee, many luckin in China is just a small shop, few of them is Starbucks style, so may be the invester in US misunderstand believe luckin is a cheaper type of Starbucks. But luckin really bring a competition with Starbucks, and bring benefit to the Chinese customer.

[@23kiroya]

@@weview8943 i see, well i suppose the taste wasnt so different from starbucks, but then again do luckin use chinese coffee beans? or they use import?

[@weview8943]

@@23kiroyaChina is good at produce tea, coffee I think not, China don't have a history plant coffee beans, recent year I heard that YunNan province now produce some good coffee beans and verified by starbucks. But I think starbucks or luckin they all need to import some coffee beans.

[@Xind0898]

@@23kiroya China don't really grow much coffee beans, so just like EU, US and AUS, CN imports coffee bean from Africa and South America, but the average quality of coffee in China is surprisingly good, because of how much they invest into cutting edge equipment and training of the baristas - trust me, i live in Australia Melbourne, known to be the coffee place, and i find China's coffee to be very tolerable (huge compliment)

[@gorgeouscfso]

It's Chinese and it's competing with a US company. BAN IT!

[@imagine2010mjm]

Luckin Coffee is definitely going to be the new Starbucks! Same product, but at a affordable price. Great concept! Over 2400 new additional stores to be opened soon.

[@ruimanuelcarvalho3432]

LOL

[@Glory-to-God.]

this CFO may also be kidnapped if he goes to Canada

[@nickc3856]

Good. Tell the Chinese to stay in China

[@Glory-to-God.]

same message from the two Canadian spies captured in China to all Canadian

[@qy1276]

I went to one last night, pretty amazing I got to say. High quality beverage at a much cheaper price that won’t make me feel like I got stabbed in the heart when I buy one unlike Starbucks.

[@jayarsoriano9289]

Luckin Coffee has almost the same price, very close with Starbucks here in Beijing. But yeah, I think it's more convenient that you can place your order in the app while you're away from the store and just pick it up when you arrive.

[@radiostated]

I'm drinking luckin every now and then and it tastes good and costs reasonable, which is something Starbucks can't really boast here in China. It works!

[@boingbryan8123]

Trump gonna say the lurkin coffee BEANS is poisionous....

[@joet4811]

It may not be poisonous but sure is a huge scam.

[@barrycheng9440]

Muddy Waters Research has entered the chat

[@luckylee3204]

If the fraudulent behaviour of Luckin Coffee’s senior management team has caused you financial loss, details of how to get involved in a class-action lawsuit(s) and the probability of a successful settlement can be found here: kzbin.info/www/bejne/iHWYZoinZtBnftU

[@ParissaKhoury]

Luckin Coffee is amazing... Starbucks is garbage

[@comradenz1927]

Luckin is gender neutral ?

[@Michael.James6]

Loser

[@goodmushroom]

hey

[@sepilokfui]

I like the way he looks at business, the host did not understand what he said and kept asking whether they will overtake Starbucks. He basically said that using this new mechanics, his company is not just taking the current market share, but created a new segment of customers, the blue ocean in business strategy.

[@Mockavest]

When he said "the founders are coffee drinkers themselves", it became clear that they had no secret sauce

[@sagar11222]

They constantly give coupon that further reduces prices. I usually buy latte for around $1.5(9.9 RMB). Taste is also not bad. This coffee is very popular among youth in Chinese.

[@luckylee3204]

Anyone who had actually stepped foot inside a Luckin coffee and browsed their site new it was a fraud. If you’re main revenue stream is selling AirPods and nuts at a loss you do not have a business - you have a very expensive hobby. Check my channel for the deep-dive.

[@hannahguo6584]

Chinese don’t need coffee, we need BOBA

[@wesleyvict]

everyone talking about coffee and I am still thinking about milktea shops on the streets much better than starbucks overprice coffee.

[@allu_bechne_wala_rohit]

Got boom

[@bluedrangon69]

25% cheaper than StarBucks OverPrice stuff ? this is not gonna be a easy win for starbucks , they have to get everything right

[@simoneli3497]

Nooor, Starbucks is really not catching up consuming trans here. we prefer to order online before arriving to the store. the starbuck app will only sale coupons.

[@ralphmenchavez1997]

I think. I think. I think. I guess. I think

[@Phillyisalwayssunny]

Ralph Menchavez what were you looking for?

[@ralphmenchavez1997]

@@Phillyisalwayssunny the cfo just keeps on saying "i think"

[@BKNb77]

Ralph Menchavez I think the company will be accused of fraud

[@Bra-a-ains]

I have patronized coffee shops for decades. My experience is that coffee shops reinforce each other. If you have 1 coffee shop on a block, it may have 100 customers per day. If you have 2 coffee shops, each will now have 110 customers per day. If you have 4 coffee shops, now each will have 140 customers per day. There is a synergy, a critical mass, in coffee culture. Luckin will actually help Starbucks do better and vice-versa. You can't have have too many coffee shops.

[@Virallllllll]

Interesting perspective, GL.

[@merlingyip5718]

You are right, Luckin help to spread the coffee culture in China, Cause China still a tea country.

[@bungkusi2432]

But... With Trump bulying China/Huawei, I think Starbucks will go down at least for 6 months.

[@MrAlexDelarge]

How novel, a coffee chain being "disruptive" by undercutting the competition. Exciting.

[@timmylehynokungbowa2229]

@El Bottoo you missed the whole point: "disruptive"

[@ewjxmes]

It's actually really nice, you can order on your phone ahead of time, walk right in, pick it up and walk out. You don't have to sit in line, speak the person, and they pay. it's about convenience. They have them all over the first floor office buildings here in Beijing.

[@wacanaforever1878]

We need mindset " Cheap is Luxury "

[@ClapBoomBoom]

If I remember correctly, a tall caramel macchiato in Starbucks in Shanghai is about 32 rmb (almost 5 bucks) which is honestly ridiculous, but then again it's Shanghai. But then you go vacationing to poorer provinces like Gansu province or Yunnan province and still the price remains the same, which makes you wonder how people could still afford it...

[@themeowzers93]

in China Starbucks coffee is so much more expensive than in the US maybe double if not triple, but Luckin Coffee's latte and cappuccino are both around 2 Euro I'd say that's a fair price for even in Europe. Luckin Coffee uses the recipes from the winners of world barista competition and it's one Japanese guy and one Italian from what I could remember, not to say in Italy nobody would want to drink Starbucks, it'd be an insult to the word coffee :)

[@xNamsu]

0:15 "The founders of our company are used to using technology to disrupt industries" I'm gonna have to stop you right there. It couldn't become any more cliche.

[@ABC-je8yq]

Did you foresee something wrong might happen in the future ? LOL

[@zhidapang8825]

I used to spend a cup of frappuccino in KL at Around RM 7 + after taxes back in 2001 .. last week just went to Starbucks for one cup of Frappuccino and it cost RM 21 after taxes.... maybe one day we have to pay RM 30 for a cup of coffee ..

[@jekdndn2420]

But luckin coffee is made of China..I drank and it tastes bad...

[@zhidapang8825]

DARK ONE we don’t have luckin coffee in KL ..wondering how it taste like ... I’m a coffee lover..can’t live without coffee. ...the thing is even when you pay more than RM20 to get a cup of coffee from Starbucks there is no guarantee whether you’ll have a good cup of coffee either .

[@jackzhou4813]

@@jekdndn2420 China’s coffee is a communist dictatorship, please buy Starbucks coffee with a democratic taste

[@ZachVanHarrisJR]

*when is it going public so i can buy like a 100 shares*

[@notnoternexto]

Zach Van Harris JR already went public

[@skrt947]

?.. you're late

[@joet4811]

Did you buy them shares?

[@chihchen4427]

Saw the IPO, it started at $25 and was down to $18.81 at the lowest price (Basically lost over 25% ON ITS FIRST DAY. But I think this one has potential.

[@peppermintgrove421]

This is a coffee driven technology company. we will see more companies like this very soon

[@larryching9399]

Charlie Lu is behind Luckin, he founded both dominate industry ride sharing Ucar and Car inc China's largest car rental. Regardless of his background, coffee space in China is still growing at an annual rate of 15-20 %. This new generation wants affordable and quality products. I think Starbucks should buy it, and make them sort of like a Toyota of Lexus.

[@DarkstarDarth]

Company is history now.

[@johnnywalker3835]

From another story - "Luckin has never been profitable. It brought in $125 million in revenue last year, but spent much more than that on coffee beans, store rent and other costs. Last year, it lost $475 million." www.cbc.ca/news/business/luckin-coffee-starbucks-1.5140462 My question is where was the start up cash coming from. 475 million is a lot to lose, and still be above water.

[@cnmd1636]

It is very simple to answer the question: Because Starbucks model is very simple to copy, same as Facebook, Twitters.

[@deantan4080]

I guess the brand is only possible because China's citizens are technologically literate compared to US and European markets. But isn't the margin too small? Maybe it's under a holding company of some sorts.

[@bigwin2010]

Here he says 2,000 stores (5/17/19 - Stock price $20.38). As of 6/13/2020, Luckin has 6,000 stores. (Stock price $3.88). Inflated numbers or not, that seems ridiculously cheap, considering how much money the company raised with its IPO.

[@magno5157]

Trump: WHAT? It's only half the price of Starbucks?? Okay, 100% tariffs for all Luckin coffee products.

[@Edgeofdavid]

America needs a more sophisticated coffee offering. Im in Vietnam at the moment and the choices and price here are great. Starbucks in America sells glorified milkshakes.

[@phongcao2490]

I love anyone comments the right idea 10 months ago

[@tariqz1593]

great potential 👍

[@tipoomaster]

Their per cup cost is 2.04 CAD? That still seems like a lot, like Tims would have to make a profit while selling for that much. (Sorry, eh I can only think in Canadian)

[@musama8771]

This aged well!

[@wangxi7416]

Trump say luckin will steal America’s technology

[@ianwerden5601]

He'll say the U.S. came up with the espresso machine. 😁

[@joet4811]

But it sure defrauded its investors big time though.

[@peapoo4]

Starbucks cost 32RMB for a grande, and smoothie costs about 45RMB.

[@UtkuTefek]

When a less than 2-year old Chinese coffee shop is listed on Nasdaq and valued at $5 billion, the markets are due for a crash.

[@nshadow888]

This taste good. I like their coffee. Costing is reasonable.

[@tipoomaster]

Time to get him back on, lol

[@MrLetnum]

That make so much sense, For the price of Starbucks people can have one nice meal with drink but Starbucks just make a coffee only

[@wesleyvict]

yes, Mc coffee is cheap .

[@mobainan]

at least 5 + cups of luckin coffee a week, really good alternative to starbucks. No cash, no waiting, no conversation, grab your coffee in 10s, that's called efficiency.

[@jont2576]

Chin(k) from Asia here.....I'm gonna open a coffee chain to compete with China too....."luckin,suckin and fukin coffee"

[@jont2576]

Chin(k) from Asia here .....can China not always compete on price?u know some of us like to pay more for stuff....learn from Korean coffee joint dalkomm for Christ sake,$9 for a cup of coffee and pastry. Have the pride to stand up and say Im happy to charge you more for less.

[@ronaldsmith8504]

So , if you don’t have your phone, you cannot buy a coffee? Good luck with that.....1984

[@wesleyvict]

sure ? its the future .

[@tananga1523]

XD great potential. Biggest scandal in china coffee market

[@nattaphonj956]

This guy is awesome.

[@macioluko9484]

@0:05 How did this happen? The same question all of the traditional automakers are asking themselves?

[@nickv6556]

When I hear the word lucking coffee sounds like fucking coffee

[@windpurple3828]

As a Chinese college student, I’ve never heard of this company...

[@wacanaforever1878]

Go find it and give us review!

[@wesleyvict]

where do you live , luckin coffee is only available in chinese majors cities.

[@jameszhou162]

This is only for Chinese consumers who want local brand than a Starbucks

[@camranh_royal]

It’s stock just crashed for cheating like a good chinese company. China = Cheat

[@Chineization]

Chinese company? PizzaChi, McChinal... next.

[@thesisko4031]

Yup, U.S had the largest population in the past that spread their chains around the world. Now Chinese chains who have a market of a billion will spread out across the planet. As long as the products are good im down.

[@begotten59]

Hi REINOUT SCHAKEL, do you Philippines? Thanks ☕️☕️☕️🥇🥇🥇🇨🇳🇨🇳🇨🇳

[@technologyweknow313]

A, how fast are you gonna grow 🤯

[@McCloud23892]

Their branding sucks

[@turborabbit75]

Chinese food safety has always been a major concern. Who knows what they add into the coffee they brew....melamine maybe

[@wesleyvict]

Chinese food is safety if its a famous brand , but talking about fast food it sucks everywhere.

[@edward_lee]

So is this CFO basically lying through his teeth?

[@jayd1993]

I've only been too starbucks once...got a smoothie also 🤔 idk why people like it😴

[@wesleyvict]

me too , I think starbucks is pricey.

[@jimmytan2208]

All we need is a photo of a high ranking Chinese official drinking Luckin. & Bam there's your smoking gun.

[@olivebranch8729]

Why compete? Just be special! Offer great coffee and good customer service!!

[@armstrongchan1417]

Competition bring more quality products and services, we don't want monopaly

[@RS-jh2kl]

Howard Schulz is about to get schooled.

[@ulfw]

So really it's just 25% cheaper than Starbucks with smaller stores and less service and equipment. Okay...

[@kamilkolacek4172]

Actually, it's about half the price of Starbucks, and that is a rather sizable discount that can open up the market to hundreds of millions of Chinese potentially.

[@LIL-MAN-THE-OG]

Jeez.. Their logo looks exactly like Caribou coffee. They even stealing coffee trademarks too?? Damn.

[@scottchoi2720]

Anything and everything possible

[@ABC-je8yq]

Is this CFO part of financial scam and will he be charged by SEC?

[@jqhils7328]

Why does no one mention the fact that luckin coffee is machine produced. Here in Australia a machine produced coffee runs you

[@Readytogo11111]

Luckin coffee here in china they always give special discount coupon everytime in random that's why price it's so cheap

[@keavy2163]

When there is competition, there are improvements..

[@ericp4573]

Let’s all remember that no matter what. Americans can’t buy shares in Chinese stocks legally, so whatever we buy is a shady cayman island stock.

[@princexyf]

Hope you’ll have stores in Philippines soon especially in Davao.🤩

[@Youdontshushh]

If n is banned in china, is it chia??

[@als8627]

Let me tell you. I have never seen 1 store in Shenzhen ( first tier city in China ) Maybe there are as I see they promote in the elevators. But I haven't seen one of the Luckins store in all districts. But Sarbucks stores are completely FULL all day every day. And many changed their interior lately looking even better than before. I just see another NIO ( Chinese car ev company ) who try do to the same Western type of look and sell for a lower price. And then raise the money in the West. Pop up the bubble in China by opening as many stores as possible. This you see with Pizza Chains, Bread chains. It is really Chinese style of doing business. Sorry but I would not go to this luckin. It is the same as a Chinese would barely speak English. Heeey broooo , how are you doing today. Sorry it doesn't fit them. Instead they should focus on their own style. The owners will cash and the rest not. Same goes for Meituan app. The biggest food delivery app. I believe they hardly make any profit. Remember 2 years ago there was this new website or app XIN ( which is a platform for cars in China ) with Leonardo dicaprio all hanging everywhere. They have all kinds of lawsuits against them. Because again the West allow them to raise money on Wallstreet. And probably some of these same bankers from the West pre-invested and then convince them to raise money. And all those poor retail investers in the west are again...yes you know it :)

[@menradmwaliko3661]

Shut up you talk too much but know zero.

[@singrider]

They tend to hide themselves under office buildings rather than malls.

[@jackzhou4813]

Coffee in China is authoritarian, please buy Starbucks coffee with a democratic taste

[@nisinmalli9103]

I don't give a duck about this Fuckin Coffee, excuse me Luckin Coffee , I drink tea.

[@jasonomnia9295]

They probably stole those recipes from other companies. Check coffee beans for plastic materials

[@chrysr7900]

Starbucks in India is a major rip off but it would be okay if it was expensive and delicious however its terrible and expensive. That's a recipe for disaster for the company. Luckin coffee seems great now compared to Starbucks or even Cafe Coffee Day(local Indian chain)

[@ianwerden5601]

Where do they get their coffee? I don't see why China couldn't buy directly from them and outbuy all others. If I were a Guatemalan ( or any other countries) coffee farmer, I'd be happy to sell to them. Btw, don't go to Starbucks if possible. Shop your local mom n pop coffee shops. It's much better. Pikes place always tastes like it's burnt. Arrgh. 👍🇺🇸☕

[@nickc3856]

So you advocate people going to local coffee shops over starbucks.... but also you praise this new multinational coffee conglomerate and talk about how you'd gladly do business with them? You sound like a shill.

[@yudikurina1871]

Ithought it was F instead of L for Luckin Coffee

[@ZachVanHarrisJR]

*I'm running late for work barrister!! Hurry up and give me my LUCKIN Coffee!!*

[@jekdndn2420]

Yuck....it's sucks...