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#Luckin

Lavazza Group Ambitious To Open 1000 Outlets In China by 2025
Jack S. Chen 11/1/2021 3:01:00 PM

There’s only one #Luckin in the area of China where I live part of the year, that I haven’t yet hit, so I wanted to drop by for an order count. All the others in the area open between 7am and 8am, but this one opens at 10am, which I found curious and obnoxious. Well, turns out it’s in a mall, and that’s what time the mall opens. Mystery solved. Anyway, my plans changed when, immediately upon entering the mall I found an Algebraist, one of the newer boutique coffee companies to hit China. I was very intrigued and had to check it out.  Algebraist is in a prime location. Right at the entrance to the mall, which is just next to a subway stop. Gotta be high rent. In contrast, the Luckin is buried in the basement.

Lavazza Group Ambitious To Open 1000 Outlets In China by 2025
Harry Goldstein 11/1/2021 12:56:04 PM

Everyone is working the "credibility with investors" issue.   #Luckin needs a Wall Street Journal article and a CNBC spot with the lead JPL explaining why this is safer than any Chinese stock investment in terms of validity of $LKNCY financials.

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