BFM 89.9

HIGHLIGHTS 
Podcast  >  Enterprise  >  Enterprise Explores  >  From Scandal to 26,000 Stores: Luckin Coffee’s Comeback

From Scandal to 26,000 Stores: Luckin Coffee’s Comeback

Jianggan Li, CEO, Momentum Works

13-Aug-25 12:00

From Scandal to 26,000 Stores: Luckin Coffee’s Comeback

Five years after a massive accounting scandal and a dramatic NASDAQ delisting, Luckin Coffee has staged one of the most remarkable comebacks in corporate history, growing to over 26,000 stores. But the real story isn't just the recovery; it's the powerful, digital-first system that fuels its explosive growth.

Jianggan Li, CEO of Momentum Works, joins us to dissect this incredible turnaround, based on their new "Inside Luckin Coffee" report. He explains how Luckin operates more like a tech or e-commerce company than a traditional cafe, using data to drive everything from its rapid R&D engine to its hyper-efficient store operations.

We discuss:

  • The story of their dramatic comeback from scandal and delisting.

  • How they operate like an e-commerce company, using stores as fulfillment centers.

  • Their data-driven R&D that launches over 100 new products a year.

  • Key lessons for other brands on digital capabilities and supply chain mastery.

    For F&B leaders, entrepreneurs, and strategists, this is a deep dive in building a digital-first, data-centric F&B brand.

Produced by: Roshan Kanesan

Presented by: Roshan Kanesan


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  sponsored content

Tags:  Luckin Coffeecorporate turnaroundF&B Businessbusiness strategydigital transformationcase studyMDX2025





Play / Pause

Listen now : Top 5 at 5

Today’s Shows



6:00 AM

The 6AM Stretch

Thought-provoking discussions on ideas, people and events shaping our lives.

7:00 AM

World Market Watch

Carlos Casanova, Senior Economist, UBP, tells us where international markets are heading.

7:15 AM

Morning Brief

We recap global and local headlines from today's papers and portals.

7:30 AM

Morning Brief

Priyanka Kishore, Director and Principal Economist, Asia Decoded gives us her thoughts on how the increased US tariffs will affect India’s economy.

7:45 AM

Morning Brief

Dr. Veerinderjeet Singh of KPMG speaks about the reforms needed to widen our tax revenue base.

8:00 AM

The Breakfast Grille

Adam Saffian Ghazali, CEO of Air Selangor, discusses the water-related challenges in Malaysia and explores possible solutions

8:30 AM

Morning Brief

Dr Haezreena Begum Abdul Hamid, Criminologist and Senior Lecturer at Universiti Malaya's Faculty of Law, breaks down the issue of youth bullying in Malaysia.

8:45 AM

Morning Brief

Prof. Dr. Chong Mei Chan, Head of the Department of Nursing Science, Faculty of Medicine, University of Malaya, shares insights on balancing Malaysia’s urgent nursing shortages with the need to protect local jobs.

9:00 AM

Opening Bell

(REPEAT) Carlos Casanova, Senior Economist, UBP, tells us where international markets are heading.

9:15 AM

Opening Bell

(REPEAT) Thilan Wickramasinghe, Head of Equity Research at Maybank Securities Singapore, on the second-quarter results of Singapore

9:35 AM

The Property Show

Mustapha Kamal of Arkitek Mustapha Kamal unpacks the 13MP and whether it contributes to comprehensive urban development.

10:05 AM

Open For Business

Act2’s Dash Dhakshinamoorthy on guiding career pivots and helping organisations create their next growth engine.

11:00 AM

The Workplace

Maha Subramaniam, Vice President & Head, Schola on grassroots career planning, Tech4Good, and bridging the gap between student aspirations and industry needs.

12:00 PM

Enterprise Explores

Jianggan Li, CEO of Momentum Works, on Luckin Coffee’s comeback from scandal to 24,000 stores, and the digital-first playbook powering its growth.

1:00 PM

The Breakfast Grille Repeat

Adam Saffian Ghazali, CEO of Air Selangor, discusses the water-related challenges in Malaysia and explores possible solutions

2:05 PM

Discovery Hour

3:05 PM

Earth Matters

Asian elephants in Malaysia face mounting threats from habitat loss, conflict, and development, but hope lies in efforts to foster coexistence. This World Elephant Day, Dr. Wong Ee Phin and Prof. Ahimsa Campos-Arceiz share what it takes to live alongside these magnificent giants.

4:05 PM

Health & Living

Do you think that leaking urine just happens as you grow older? What if we told you it could be a sign of other health issues?

5:00 PM

Top 5 at 5

6:00 PM

Big Issue

Lawyer Ragunath Kesavan discusses the MACC's extensive investigative powers, including raids, and your rights during an MACC investigation.

7:00 PM

Stories of KL

We speak to Dato’ Dr Hartini Zainuddin about founding Malaysia’s first 24/7 child crisis centre in Chow Kit.

8:00 PM

Cruise Control

Honda's first EV in Malaysia, the e:N1 is now available in the market? Is the car worth getting? Tune in to hear Daniel's thoughts on the car!