Luckin official website
In the past year, even under the influence of the epidemic, China's coffee market is still "hot", and coffee stores as a whole have shown a high growth trend. As of May 2022, there was a total of 117,300 coffee stores in mainland China, a year-on-year increase of 14.6%. (Data source: Meituan Gourmet × Kamen "2022 China Fresh Coffee Category Development Report"), compared with the same period last year, there are about 15,000 new ones.
At the beginning of the new year, the expansion of Luckin Coffee's stores is still accelerating. Luckin officially disclosed that in January 2023, Luckin added 478 stores nationwide; Compared with the total increase of 485 stores from October to December 2022, it opened its store expansion rate in the previous quarter in January this year.
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