China’s Coffee maker Luckin reported strong Q2 2025 earnings with net revenue reaching RMB 12.36 billion ($1.72 billion), up 47.1% year-on-year. Operating profit rose 61.8% to RMB 1.7 billion ($0.24 billion), driven by growth across self-operated and franchised stores. The company opened 2,109 new locations this quarter, bringing its global store count to 26,206, including 63 in Singapore and two in the US. Product innovation also played a key role: its low-calorie Orange Americano sold over 350 million cups, while new seasonal drinks drove fresh demand. Monthly active transacting customers hit a record 91.7 million, boosted by viral collaborations with SpongeBob and Duolingo. Luckin is also doubling down on supply chain scale with a new roasting plant under construction in Xiamen, set to lift annual roasting capacity to 155,000 tons. With these moves, CEO Guo Jinyi said the company is “well-positioned for long-term sustainable growth” and aims to expand its market leadership through efficiency and agility. [Luckin]
Related
