Comments on: Why did Luckin Coffee not Outrank Starbucks in China?

By: Dolores Admin

Dolores Admin — Fri, 11 Jun 2021 08:45:36 +0000

In reply to Ron.

Hi Ron,

This article was written during last year’s scandal involving Luckin coffee and its fake financial report.
I can assure you this is not a sponsored article. The first part of the article is dedicated to Luckin coffee and how it became so successful,
followed by the part on why Starbuck is doing so well in China despite the rapid rise of local competitors such as Luckin coffee. 🙂

By: Ron

Ron — Wed, 09 Jun 2021 16:06:56 +0000

Sorry but Luckin is still around. Only in the OTC market. Still being traded. They will rise like the Phoenix soon here. Buy low sell high. This is more of a Starbucks marketing article then a comparison.

By: Marc

Marc — Mon, 08 Jun 2020 06:36:44 +0000

Hi Suzy,

When you say Luckin failed it kind of implies the situation is hopeless, and that any and all loyalty from their customer base has vanished. Is that the case or do you get the sense that they’re suffering from a stigma that cannot be overcome?

Thanks for reading.

Marc