Luckin Coffee has opened its 20,000th store, in Beijing! This comes as no surprise as Luckin has been bold in its expansion, opening almost 1,000 every month in Q4 2023.
But how did Luckin achieve this incredible growth? Are they trying out a new business model in their 20,000th store?
Tune in to the latest episode of the Impulso podcast as we dive into the data-driven strategies behind Luckin's success.
Featured materials:
Momentum Works Immersions: F&B innovations
Coffee in Southeast Asia, Momentum Works
Luckin Coffee opens its 20,000th store, The Low Down
E76: Starbucks vs Luckin in China, who is winning?, The Impulso Podcast
E63: How does Luckin Coffee open 1000 new stores every month?!, The Impulso Podcast
Chapters:
0:00 Intro
0:46 Luckin Coffee Growth
3:20 Handcrafted Coffee in Beijing
4:50 Supply Chain
6:20 Luckin Products
8:05 Brand Partnerships
11:05 Competition in Singapore
13:50 Chagee
19:40 Upcoming events
