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Luckin Coffee Expands Agreement to Purchase 240,000 Tons of Brazilian Coffee Beans Valued at 10 Billion RMB

Nov 25, 2024•over 1 year ago

Contract Type

agreement

BrazilFood and BeverageHospitality

Description

Luckin Coffee has signed a Memorandum of Cooperation with the Brazilian Trade and Investment Promotion Agency in Brasília, Brazil, to procure an additional 120,000 tons of Brazilian coffee beans, expanding the initial contract to a total of 240,000 tons over the next five years. The agreement is valued at 10 billion RMB, representing the company’s most substantial coffee bean procurement initiative to date.

Company Information

Company

Luckin Coffee

Location

Brazil

About

Luckin Coffee is a Chinese coffee company and the second biggest coffee chain in China.

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