Luckin Coffee announces smart unmanned retail strategy, bringing Luckin closer to customers
Luckin Coffee Inc. (LK)
Last luckin coffee inc. earnings: 11/13 06:00 am
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Source: GlobeNewswire
BEIJING, Jan. 07, 2020 (GLOBE NEWSWIRE) -- Luckin Coffee Inc. (“Luckin Coffee” or “the Company”) (NASDAQ: LK) announced in a strategy press conference that the Company is entering the unmanned retail market with the launch of its “luckin coffee EXPRESS” smart unmanned coffee machine and “luckin popMINI” smart vending machine, further increasing the density of its network and bringing Luckin Coffee closer to customers. At the press conference, Luckin Coffee also disclosed that its number of self-operated stores reached 4,507 by the end of 2019, which the Company believes makes it the largest coffee chain by number of stores in China as of December 31, 2019. In addition, the number of cumulative transacting customers reached over 40 million as of December 31, 2019. Featuring Swiss Schaerer coffee machines, IIAC Gold Award coffee bean blends from WBC coffee masters and other high-quality ingredients, luckin coffee EXPRESS provides freshly brewed drinks with the same quality and ta
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