We use our own and third-party cookies to optimize your experience on this site, including to maintain user sessions. Without these cookies our site will not function well. If you continue browsing our site we take that to mean that you understand and accept how we use the cookies. If you wish to decline our cookies we will redirect you to Google.
Already have an account? Sign in.

 Remember Me | Forgot Your Password?

Chinese Coffee Company Debuts Smart Vending And Coffee Machines

January 8, 2020: 12:00 AM EST
Beijing-based Luckin Coffee Inc. announced it has launched unmanned smart vending and coffee machines. The Luckin Pop vending machines will be placed in office buildings, bus terminals, airports, on college campuses, and at other locations. The smart vending machine and the Luckin Coffee Express machine are new channels in the "unmanned retail network" that Luckin is building. The company says the innovations eliminate payroll and rental costs, as well as other expenses. At the end of 2019, Luckin Coffee had 4,507 self-operated stores. Luckin stock has nearly doubled – up 96.3 percent – over the past three months. [Image Credit: © www.luckincoffee.com]
Tonya Garcia, "Luckin Coffee launches smart vending machines, Luckin Pop", MarketWatch, January 08, 2020, © Marketwatch, Inc
China Business
Focus Areas
Market News
Companies, Organizations
Market News
Other Companies
Developed by Yuri Ingultsov Software Lab.