LK - Luckin Coffee Inc Sponsored ADR Class A
Region: US
Website: http://www.luckincoffee.com
Employees: 12,907
IPO year: -
Issue type: American Depository Receipt (ADR’s)
Market: NASDAQ
Industry: Food: Specialty/Candy
Sector: Consumer Non-Durables
Luckin Coffee, Inc. manufactures coffee and operates coffee retail stores. The firm's new retail model is built upon mobile apps and store network. The Mobile Apps: Mobile apps cover the entire customer purchase process. The Store Network: Its pick-up stores have limited seating and are typically located in areas with high demand for coffee, such as office buildings, commercial areas and university campuses. It procures coffee machines and coffee condiments from renowned global suppliers such as Schaerer. The company was founded by Zhi Ya Qian in October 2017 and is headquartered in Fujian, China.