$Luckin Coffee (LKNCY.US)$ Southeast Asian market is larger than China. with more gen z population than China, Southeast Asia also has higher birth rates. And alcohol is banned there. coffee is the only social beverage.
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Broccolee
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bruh alcohol aint banned in southeast asia lol
$Starbucks (SBUX.US)$ because of the competition and loss in Chinese market, sbux mkt cap lost 12 billions in the past 12 months.$Luckin Coffee (LKNCY.US)$mkt cap is only 6 billions. it should be 12 billions
$Luckin Coffee (LKNCY.US)$ the only purpose of cotti coffees backers is making money. in the end, either they quit or increase the price. it seems the market is good enough for both luckin and cotti. just like coke and Pepsi.
$Starbucks (SBUX.US)$ mkt cap $110 billion number of stores:38k $Luckin Coffee (LKNCY.US)$ mkt cap $6 billion numbers of stores: 20k and still growing rapidly sbux should acquire lkncy before it poses a threat in the US market: it would only take $6 billion out of the 110 billions market value. actually the combination would become over $116 billions
$Luckin Coffee (LKNCY.US)$ luckin coffee Singapore started publishing more team building events on LinkedIn. Obviously they are building not only their teams but also their brand targeting the Gen Z in the global stage. Caution , luckin coffee is coming to the states!@Starbucks (SBUX.US)$Starbucks (SBUX.US)$
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Broccolee : bruh alcohol aint banned in southeast asia lol