China’s Luckin Coffee is set to debut in Southeast Asia via Singapore’s Ngee Ann City shopping center and Marina Square at the end of March.
The coffee shop chain is eyeing 10 stores in the region by April, including one at Tanjong Pagar’s Guoco Tower in Singapore.
Luckin Coffee is set to lock horns with chains already established locally, including Starbucks, Flash Coffee, and Kopi Kenangan.
The brand is also in talks with franchise partners to expand in Thailand.
The Southeast Asian launch marks Luckin Coffee’s second attempt at international expansion after India and the Middle East/North Africa.
Singapore’s ready-to-drink coffee and tea market will achieve sales of $1.1 billion this year.


Want to cut your energy bills? Here’s how five experts are doing it
Can your cat recognise you by scent? New study shows it’s likely
Kawasaki Heavy Shares Slide on Report of ¥200 Billion Capital Raise Plan
Asian Stocks Rebound as Tech Shares Rally on Fed Rate Cut Hopes and Easing Iran Tensions
Trump Administration Declines USMCA Renewal, Opens Talks on New Trade Changes
Asian Currencies Rise as Dollar Weakens; Yen Holds Steady Amid Japan Intervention Watch
Heritage, desire and diplomacy: why China still values scotch whisky
The pandemic is still disrupting young people’s careers
Northern Star Appoints New CEO as Activist Elliott Pushes for Leadership Overhaul
Anthropic Tightens AI Access Controls After Reports of China-Based Workarounds
Denmark Central Bank Intervenes to Support Krone Peg Against Euro
AI is driving down the price of knowledge – universities have to rethink what they offer
SoftBank’s LY Corp, Bain Raise Kakaku.com Bid to ¥670 Billion, Intensifying Takeover Battle
US Jobs Report Preview: June Payroll Growth Seen Slowing as Fed Rate Decision Looms
Oil Prices Slip as Iran Talks and Strong Supply Outlook Ease Market Concerns
Kioxia Bets on AI Memory Boom With Next-Gen NAND Production in Japan 



