Shares of Starbucks' China challenger Luckin Coffee fall after first quarterly report since IPO  CNBC

Shares of Luckin Coffee fell Wednesday after the coffee chain reported wider losses than expected, as it expands rapidly and discounts its drinks in a bid to ...

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In less than two years, Luckin Coffee has grown to nearly 3,000 stores and is trying to overtake Starbucks as China's top coffee chain.In less than two years, Luckin Coffee has grown to nearly 3,000 stores and is trying to overtake Starbucks as China's top coffee chain.

Luckin Coffee Inc posted a bigger-than-expected quarterly loss in its first results as a public company, hurt by soaring costs as it opened stores at a rapid clip and invested aggressively to take on Starbucks Corp .Luckin Coffee Inc posted a bigger-than-expected quarterly loss in its first resu...

China's Luckin counts cost of Starbucks battle - Reuters

“A case of bad Luckin. Sorry. Not sorry. Chinese coffee rival to Starbucks posted bigger loss than forecast. $LK, which went public a few months ago, down 10% #premarket. ☕️”

Paul R. La Monica on Twitter: "A case of bad Luckin. Sorry. Not sorry. Chinese coffee rival to Starbucks posted bigger loss than forecast. $LK, which went public a few months ago, down 10% #premarket. ☕️"

“Luckin Coffee, Starbucks' China challenger, shares drop about 8% before market's open after releasing its first quarterly report since its IPO. The company added 593 net new locations during the quarter. https://t.co/mPF6K4MW7C”

Christina Cheddar Berk on Twitter: "Luckin Coffee, Starbucks' China challenger, shares drop about 8% before market's open after releasing its first quarterly report since its IPO. The company added 593 net new locations during the quarter. https://t.co/mPF6K4MW7C"