https://dailycoffeenews.com/tag/luckin-coffee/ Business news for specialty coffee professionals Wed, 24 Apr 2024 19:22:46 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.3 https://dailycoffeenews.com/2024/04/24/luckin-coffee-opens-chinas-largest-coffee-roastery/ Wed, 24 Apr 2024 19:22:45 +0000 https://dailycoffeenews.com/?p=179412 Chinese coffee roasting and retail giant Luckin Coffee this week opened a massive $120 million roasting plant in Kunshan. Located between the cities of Shanghai and Suzhou, the new roastery...]]> https://dailycoffeenews.com/2023/12/12/report-china-overtakes-united-states-as-largest-coffee-shop-market/ Tue, 12 Dec 2023 15:13:49 +0000 https://dailycoffeenews.com/?p=175355 China has overtaken the United States as the country with the highest number of coffee shops in the world, according to the latest annual report on the East Asian coffee...]]> https://dailycoffeenews.com/2022/09/01/ousted-luckin-coffee-chairman-to-launch-competing-coffee-chain/ Thu, 01 Sep 2022 18:23:00 +0000 https://dailycoffeenews.com/?p=163923 Charles Lu, the co-founder and former chairman of Chinese coffee giant Luckin Coffee, is planning to launch another coffee chain brand called Cotti Coffee, according to numerous reports and a...]]> https://dailycoffeenews.com/2020/12/22/luckin-coffee-agrees-to-pay-180-million-to-settle-sec-fraud-charges/ https://dailycoffeenews.com/2020/12/22/luckin-coffee-agrees-to-pay-180-million-to-settle-sec-fraud-charges/#comments Tue, 22 Dec 2020 22:15:51 +0000 https://dailycoffeenews.com/?p=117095 The United States Securities and Exchange Commission (SEC) announced that Chinese coffee giant Luckin Coffee has agreed to pay a $180 million penalty following charges that the company defrauded investors....]]> https://dailycoffeenews.com/2020/12/22/luckin-coffee-agrees-to-pay-180-million-to-settle-sec-fraud-charges/feed/ 1 https://dailycoffeenews.com/2020/04/29/lavazza-opens-shanghai-flagship-partners-with-yum-china/ https://dailycoffeenews.com/2020/04/29/lavazza-opens-shanghai-flagship-partners-with-yum-china/#comments Wed, 29 Apr 2020 20:26:05 +0000 https://dailycoffeenews.com/?p=110755 Italian coffee giant Lavazza has introduced a flagship store in Shanghai while announcing a joint partnership with Yum China to explore further retail plans throughout the country. “We are honored...]]> https://dailycoffeenews.com/2020/04/29/lavazza-opens-shanghai-flagship-partners-with-yum-china/feed/ 2 https://dailycoffeenews.com/2020/04/02/luckin-coffee-coo-fabricated-310-million-in-sales-company-finds/ Thu, 02 Apr 2020 21:10:31 +0000 https://dailycoffeenews.com/?p=109976 Luckin Coffee has announced that it has formed a special committee to investigate evidence of fabricated sales numbers from 2019 of about 2.2 billion yuan (approximately $310 million USD). According...]]> https://dailycoffeenews.com/2020/01/14/ldc-and-luckin-coffee-partner-for-new-industrial-roastery-in-xiamen-china/ Tue, 14 Jan 2020 20:05:09 +0000 https://dailycoffeenews.com/?p=107686 Dutch agricultural and logistics company Louis Dreyfus Company has announced that it has broken ground on a massive new coffee roasting factory in partnership with the Chinese coffee retail giant...]]> https://dailycoffeenews.com/2019/10/10/china-and-vietnam-need-sustainable-coffee-farming/ https://dailycoffeenews.com/2019/10/10/china-and-vietnam-need-sustainable-coffee-farming/#comments Thu, 10 Oct 2019 19:43:11 +0000 https://dailycoffeenews.com/?p=104722 This is the second of Karoline Kan’s two-part series on coffee growing in the Mekong region. Part one is available here. In a street renovated for Buon Ma Thuot’s seventh biennial coffee festival, tourists...]]> https://dailycoffeenews.com/2019/10/10/china-and-vietnam-need-sustainable-coffee-farming/feed/ 2 https://dailycoffeenews.com/2019/02/08/the-extraction-is-made-yummy-by-microbes/ Fri, 08 Feb 2019 17:12:15 +0000 https://dailycoffeenews.com/?p=83783 Belgian professor Dr. Luc De Vuyst has determined that longer fermentation times for wet-process arabica can result in a tastier cuppa. According to Science Daily, the research, which was a...]]> https://dailycoffeenews.com/2019/01/04/the-extraction-is-a-san-diego-new-zealand-blend/ Fri, 04 Jan 2019 17:32:41 +0000 http://dailycoffeenews.com/?p=82886 As we knock 2018 out of our portafilters and send the first drops of water into a freshly tamped 2019, the Chinese mega-startup Luckin Coffee has started the year at...]]>