How much is Luckin Coffee worth?
Luckin Coffee has a market cap or net worth of $12. October 10, 2025. Its market cap has increased by 88. BEIJING, July 30, 2025 (GLOBE NEWSWIRE) — Luckin Coffee Inc. Luckin Coffee” or the “Company”) (OTC: LKNCY) today announced its unaudited financial results for the three months ended June 30, 2025 . Total net revenues were RMB12,358. US$1,723.And while the brand may be fresh on the U. S. Luckin has already surpassed Starbucks by store count in China. As Food & Wine reported, the chain was founded in Beijing in 2017, opened more than 26,000 stores in more than 200 cities in less than a decade, and boasts nearly 92 million customers per month.Thus, while Starbucks and other premium brands may rely on higher prices to convey luxury and quality, Luckin Coffee uses lower prices to attract a large volume of sales and customer acquisition. This strategy has allowed the brand to rapidly expand its market share in a relatively short period.Luckin Coffee Inc. Chinese: 瑞幸咖啡; pinyin: Ruìxìng Kāfēi) is a Chinese coffee company and coffeehouse chain founded in Beijing in 2017. In July 2025, Luckin had 26,206 stores globally.Luckin Coffee has dominated the java-slinging business in its home country, where it overtook Starbucks as the largest coffee chain both by total sales and number of locations back in 2023.
Is Luckin Coffee in the USA?
China’s largest coffee chain is taking on the U. S. Luckin Coffee, which unseated Starbucks as the top chain in China, is now making a big play in the Seattle-based stalwart’s home country. As of mid-September, Luckin has opened 5 locations in New York City. The rise of Luckin in the U. S. China’s largest coffee chain is taking on the U. S. Luckin Coffee, which unseated Starbucks as the top chain in China, is now making a big play in the Seattle-based stalwart’s home country. As of mid-September, Luckin has opened 5 locations in New York City.Luckin Coffee is opening its first U. S. Luckin Coffee, the largest coffee chain in China, has opened a pair of locations in New York. And that could put an added emphasis on Starbucks’ ongoing turnaround plans, as Luckin has grown to outnumber that company in China, with 22,000 locations.Luckin overtook Starbucks as China’s biggest coffee chain in 2023. If Chinese people want Chinese coffee, so be it. It’s a big world. Luckin knows that, which is why it has just opened up two outlets in New York City, on Starbucks’ doorstep.Luckin Coffee, China’s largest coffee chain, has expanded aggressively in China and overtaken Starbucks on the mainland, with more than twice as many outlets.Starbucks, Luckin Coffee and Dunkin’ are the three largest coffee companies in the world, respectively. The largest coffee houses typically have substantial supply-chain relations with the world’s major coffee-producing countries.
Is Luckin bigger than Starbucks?
Luckin has grown rapidly in China, with its number of stores in the country surpassing Starbucks, although the latter still remains the largest coffee chain globally. Luckin has set itself apart with frequent, immediate deals for customers, innovative drinks, and an efficient technology-driven ordering system. And that could put an added emphasis on Starbucks’ ongoing turnaround plans, as Luckin has grown to outnumber that company in China, with 22,000 locations. Founded in 2017, Luckin largely offers scaled-down stores, rather than coffeehouses that are designed to encourage customers to linger.Founded in October 2017 in Beijing, Luckin Coffee quickly disrupted the market with a technology-first strategy: app-based orders, convenient pick-up kiosks, and aggressive discounts.All orders at Luckin stores are placed via a mobile app, and to help convert American coffee guzzlers, Luckin offers steep app-based coupons, with discounts of up to 50%, undercutting Starbucks’ prices and going straight at its legacy model of in-store ambience and experience.Luckin usually selects locations with high traffic and reasonable rents to open stores. Although the individual store rent expenses may be large, Luckin Coffee’s extensive network of stores allows it to achieve economies of scale, resulting in lower average costs in the long run.Chinese beverage chains are redefining coffee culture in the country — and now they’re trying to win over customers in the U. S. Luckin Coffee, China’s largest coffee chain, has expanded aggressively in China and overtaken Starbucks on the mainland, with more than twice as many outlets.
Is Luckin cheaper than Starbucks?
Its beverages are about 30% cheaper than Starbucks in China, and the company is betting its cashless, app-based model will resonate with American customers. Its net revenue in China was around $3 billion in fiscal year 2024, accounting for one-fifth of global revenues. Starbucks’s market share in China has declined from 34% in 2019 to 14% in 2024, according to data from Euromonitor International, a market research provider.Although China remains Starbucks’ second-largest market after the United States, Starbucks China has seen sluggish growth in recent years.China’s largest coffee chain is taking on the U. S. Luckin Coffee, which unseated Starbucks as the top chain in China, is now making a big play in America. As of mid-September, Luckin has opened 5 locations in New York City.Starbucks’ China market share has shrunk from 34% in 2019 to 14% in 2024, per market data provider Euromonitor. Over the same period revenue climbed only 4.Luckin Coffee, Cotti Coffee, and Starbucks are the three dominant brands leading the market in China.
Why is Luckin Coffee so successful?
Notably, in 2023, Luckin’s China revenue eclipsed Starbucks’ China revenue ($3. This rapid growth reflects a booming Chinese coffee market—one that in outlet count has even overtaken the U. S. One reason Luckin scaled so quickly is China’s huge untapped demand. The financial report shows that Luckin’s revenue in the second quarter was 12.