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Luckin Coffee crosses 35,000 stores worldwide — and Southeast Asia isn't a random market

瑞幸咖啡 / Luckin Coffee — the chain that overtook Starbucks by store count in China years ago — surpassed 35,000 coffee shops worldwide by May 31, 2026, according to the company's financial disclosures. A significant share of recent-quarter growth comes specifically from Southeast Asia — a region the company clearly treats not as an experiment but as a second home market.
Concrete regional numbers
In Q2 2026, Luckin opened 7 new locations in Singapore and 31 in Malaysia. As of February 2026, the chain had 68 coffee shops in Singapore — nearly three years after entering the market — and by April that number had grown to 81. Malaysia counted 45 jointly operated locations at the time.
Localization instead of copying the China model
A telling strategic detail: partnerships with local brands rather than simply replicating the Chinese format. In Singapore, Luckin collaborated with Japanese lifestyle brand OSAMU GOODS on marketing campaigns, while in Malaysia it partnered with local fashion label FIZIWOO for a Hari Raya campaign. That's not a cosmetic detail — Chinese brands in Southeast Asia increasingly win specifically through product and marketing localization, not through transplanting a successful model unadapted.
Why Luckin's model works specifically in Southeast Asia
Last year, the company opened 30 self-operated stores in Singapore and 70 franchised locations in Malaysia, deliberately mixing ownership formats to fit different market conditions. That flexibility is the direct opposite of a classic Western franchise with a rigidly standardized format — and it's exactly what lets Luckin scale quickly across markets with different levels of coffee-culture maturity and purchasing power.
More on how Chinese brands are gaining ground in Southeast Asia is covered in the Southeast Asia retail expedition program, and the company's card is available on the GlobalTechTour site.