Luckin’s 30,000th store milestone adds buzz to China’s brewing coffee battle

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Luckin Coffee, China's largest coffee chain, opened its 30,000th store in Shenzhen on Sunday, signaling its continued growth and ambition. The new store is Luckin's first flagship location themed around global coffee origins, reflecting the company's plan to enhance its global supply chain by sourcing premium beans from regions like Indonesia, Brazil, and Colombia. Headquartered in Xiamen, Luckin operates in over 300 cities across China and is expanding internationally, with stores in Singapore, Malaysia, and the US. The company aims to offer authentic global coffee flavors and improve cost management through large-scale operations and centralized procurement. According to S&P Global Ratings, a global supply network also provides resilience against disruptions and allows for a wider range of product offerings.
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