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Luckin Coffee's CEO Guo Jin said: 'We will not give up on the 9.9 yuan coffee strategy' | Directly addressing the Earnings Conference.
①Luckin Coffee's global store count reached 22,340, an increase of 37.5% year-on-year, with 6,071 stores in China and 21 stores in Singapore. In January 2025, Luckin has entered Malaysia through a franchise model. ③ In the face of rising coffee bean prices, Luckin Coffee's CEO Guo Jin said that through initial investments in the entire Industry Chain, the company can leverage its scale and efficiency advantages to offset the impact of coffee bean cost increases.
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Earnings Call Summary | Luckin Coffee(LKNCY.US) Q4 2024 Earnings Conference
Luckin Coffee Anticipates Significant Growth With 22,340 Stores and Expanding Operating Margins in 2025
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