Luckin Coffee is progressing its return to the United States stock market, five years after it was removed from Nasdaq due to accounting issues.
The Chinese coffee company has boomed in the half-decade since, and has grown to hold more than 20,000 locations – most of which are in China – according to its unaudited quarterly reports.
It also opened its two stores in New York City in mid-2025, marking its first expansion away from the southeast Asian market.
Speaking at an event in Xiamen, where Luckin is headquartered, CEO Jinyi Guo offered an update on the company’s bid to be relisted on the US market.
“Under the municipal government’s guidance, we are actively pushing the process of relisting on a US main board,” says Guo.
No clear timeline has been released for Luckin’s return to the US main board.
Reports of Luckin’s desire to be relisted on the main market come following news that Centurium Capital – whose founder David Li is Chairman of Luckin – is exploring a potential acquisition of Costa Coffee.
Coca-Cola acquired Costa Coffee for £3.9 billion in 2019, but is reportedly considering offers that indicate the value of the chain to be £1 billion.
Centurium played a key role in restructuring Luckin following the fallout of its delisting from the US stock exchange.
