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Luckin Coffee closing in on 30,000 locations

by Daniel Woods
November 18, 2025
in News
Reading Time: 2 mins read
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Image: tang90246/stock.adobe.com

Image: tang90246/stock.adobe.com

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Luckin Coffee’s unaudited Q3 2025 financial results are headlined by a 50.2 per cent year-on-year increase to net revenues, as the Chinese coffee chain quickly closes in on 30,000 global locations.

Its total net revenues of RMB15.29 billion (US$2.1 billion) is underscored by a record high number of transacting customers, at a total of 112.3 million

Luckin says it opened 3008 new stores in the three months ending 30 September 2025. 2979 of those were in China – including Hong Kong, five were in Singapore, 21 in Malaysia, and three in the United States.

Overall, Luckin says there is a total of 29,214 stores under its banner, 18,882 of which are self-operated and 10,3302 of which are partnership stores.

Co-Founder and CEO of Luckin Coffee Dr Jinyi Guo says remaining true to Luckin’s brand promises has laid a strong foundation for the extended accelerated growth.

“Our scale-driven strategy continued to yield results. We sustained robust revenue growth momentum through the third quarter, alongside another double-digit increase in self-operated same-store sales,” says Guo.

“Our expanding store network has enhanced our fulfilment capabilities, enabling us to capture rising customer demand and achieve a major milestone of surpassing 100 million average monthly transacting customers for the first time.

“These achievements further reinforced our competitive edge and market leadership. Looking ahead, we remain committed to product innovation and brand equity enhancement.

“Our value propositions of high quality, affordability, and convenience form the cornerstone of our continued customer base expansion, which is a key driver of Luckin Coffee’s long-term sustainable growth.”

The release of Luckin’s unaudited Q3 financial reports comes following a revelation by Guo that, under guidance from the municipal government, the company was looking to regain its listing on a US main board.

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