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Luckin Coffee Continues Its Global Expansion Push With Plans for Stores in Malaysia
86Research Initiates Luckin Coffee(LKNCY.US) With Buy Rating, Announces Target Price $31
86Research analyst Xueru Zhang initiates coverage on $Luckin Coffee(LKNCY.US)$ with a buy rating, and sets the target price at $31.According to TipRanks data, the analyst has a success rate of 0.0% an
Chinese Equity Market Shows Momentum to Return Cash to Shareholders
0910 GMT - The Chinese equity market's momentum to return cash to shareholders looks promising, Goldman Sachs analysts say in a research note. The strong policy push by regulators could further encour
Luckin Coffee to Enter Malaysian Market Next After Singapore
Luckin Coffee enters the market strongly with OATLY, offering a bottom price of 9.9 yuan, breaking through the oats futures latte.
Recently, Luckin coffee launched OATLY latte at a price of 9.9 yuan, which has once again aroused attention on the Internet. As we all know, currently, popular coffee chains and boutique cafes that use OATLY barista oat milk in their oat milk latte have prices generally in the range of 20-40 yuan. After a simple review, it was found that Luckin's 9.9 yuan for OATLY oat milk latte breaks the industry's lowest price for oat milk latte and will undoubtedly ignite a price war in the trendy oat milk latte market in China and roll up the market. The 9.9 yuan price war sparked by Luckin will lead to a shakeup in the oat milk latte market according to Meituan's 'China Coffee' report.
Luckin Coffee to Arrive on Malaysian Shores With Local Partner — Sources
US-listed Chinese coffeehouse chain Luckin Coffee Inc is poised to make its debut in Malaysia amid fierce market competition, sources told The Edge.
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