Luckin Coffee Launches Smart Vending Machines, Luckin Pop


Beijing-based Luckin Coffee Inc. LK, +5.70% announced the launch of Luckin Pop, a smart vending machine, and Luckin Coffee Express, a smart coffee machine, early Wednesday at a press conference. Luckin Pop will be in office buildings, bus terminals, airports and on college campuses and other locations. These two new channels are part of the “unmanned retail network” that Luckin is building, which does away with payroll and rental costs, as well as other expenses, the company said.

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