Lates News

date
30/04/2025
Luckin Coffee announces its financial report for the first quarter of 2025. The report shows that the total net revenue in the first quarter of 2025 was 8.865 billion yuan, an increase of 41.2% year-on-year. During the Q&A session on performance, Luckin Coffee's co-founder and CEO Guo Jinyi mentioned that in terms of future product pricing strategy, the Chinese coffee market is still in the relatively early stage of rapid development, and scale growth and market share are still the most important strategic focus for Luckin Coffee. Currently, there is no plan to increase product prices, and Luckin will continue to maintain a competitive pricing strategy to strengthen and expand its market share.