Luckin Coffee
Coffee chain (app-ordered, pick-up and delivery) · China
Luckin Coffee sells low-priced freshly brewed coffee and tea drinks ordered through its app at about 31,000 small pick-up stores in China and a few abroad, two-thirds run by itself and the rest by partners who buy its supplies.
What makes it different
Almost every store is a tiny pick-up counter.
99.1%Pick-up stores share of own storesFY2025
With app-only ordering and little seating, its stores cost far less to run than cafés, which funds low prices.
How big it is
How big is Luckin Coffee?
31,048StoresFY2025
94.2MMonthly customersFY2025
RMB49.3BRevenueFY2025
How it makes money FY2025
Mostly drinks in its own stores.
- Freshly brewed drinks70%RMB34.6B
- Partnership stores24%RMB11.6B
- Other products5%RMB2.3B
- Others2%RMB0.8B
How the business works
Order in the app. Grab and go.
- 1Cashier-less app and platforms
- 2Tiny pick-up counters
- 3Partner-run stores
Small counters and app-only ordering keep rent and staff low, so it can sell cheaper than café chains.
Who owns it
- Centurium Capital23.1%
- Joy Capital5%
- First Beijing Investment Ltd4.2%
CEO: Jinyi Guo
Who it competes with
Key moments
- 2017First trial store opens in Beijing
- 2019Listed on Nasdaq
- 2019First partnership store opens
- 2020Fabricated sales disclosed
- 2021Centurium Capital investment closes
Sources
Every number on this page comes from Luckin Coffee's own reports.
Full profile
The rest of the story is in the app.
What Luckin Coffee tracks17 metrics
Stores
Average monthly transacting customers
Self-operated stores
Results, quarter by quarterwith a chart
Revenue
Profit
Margin
The full timeline12 moments
2020
2023
2025
Luckin Coffee vs Starbucksside by side
Revenue
Profit
People
Point your phone at a logo.
See the company behind it.
The full story in 12 chapters · compare any two companies · 335 companies, and any other on request.
Download on the App Store
