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
