How Luckin Coffee Built a Coffee Empire

Showpics December 14, 2024
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Welcome to the channel! I make videos about the things that fascinate me—companies, technology, business and history. In the future, you’ll see even more content focused on culture and travel—diving into unique places, experiences, and the people behind them. If that sounds like your kind of thing, hit subscribe and stick around. I’d love to have you as part of this community of curious minds and culture lovers. Email for collaboration: [email protected]

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Luckin Coffee’s story is one of the most dramatic comebacks in business history. From a massive financial scandal to overtaking Starbucks as China’s largest coffee chain, Luckin didn’t just survive—it thrived. This video reveals how Luckin rebuilt its empire, launched hit drinks like the Coconut Milk Latte and Maotai Latte, and dominated Starbucks in China, Starbucks' biggest international market. But Luckin isn’t stopping there. With rapid expansion fueled by an innovative franchise model and ambitions to enter the U.S. market, the stage is set for a global coffee rivalry. Can Luckin sustain its momentum and redefine the coffee industry? Watch now to uncover the secrets behind this incredible turnaround! Thanks to everyone who watches, likes and comments! _________________________________________________________________________ Royalty Free Music: https://www.bensound.com License code: BK7LLXTEHO32PQAD Music: bensound.com License code: GD7J8AWLW7A6U5HG __________________________________________________________________________ Timecodes: 00:00 What This Video Is About 00:58 China's Coffee Market 01:58 Starbucks in China 02:18 Founding of Luckin Coffee 03:15 Building the Brand 03:57 The "Burning Money" Strategy 04:30 Rapid Expansion 05:05 The Team Behind Luckin Coffee 06:04 Rise Strategy 06:43 Investments in Luckin Coffee 07:42 Luckin Coffee's IPO 08:26 Questions About Company's Strategy 09:50 Fraud Investigation 10:10 Delisting and Other Scandal Consequences 13:03 How Did Luckin Coffee Survive? 13:30 Changes That Led to Success 14:26 Product Innovation 15:31 Franchise Model 16:16 Luckin Coffee's Profit 16:33 What Happened to Former Executives? 16:58 Conclusion 17:24 Thanks & Subscribe

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