幸运咖10个月狂开5000店，咖啡价格战还得打

Core Viewpoint - Luckin Coffee has achieved a significant milestone by surpassing 10,000 stores globally within just over 10 months, doubling its store count from approximately 4,500 at the beginning of the year [1][3]. Group 1: Company Overview - Luckin Coffee is a fresh coffee brand under the Mixue Group, with product pricing primarily between 6 to 8 yuan, contrasting with Kudi's pricing strategy of 9.9 yuan across the board [2]. - As of the end of Q3, Luckin Coffee operates 29,214 stores, while Kudi has 18,000 stores [3]. Group 2: Market Expansion - Luckin Coffee's stores are now present in over 300 cities across China, including first-tier, second, and third-tier cities, with over 1,000 stores in first-tier markets and 100 stores in Beijing [3]. - The rapid growth in store openings is attributed to a surge in franchise inquiries, particularly from first-tier cities, with a 164% year-on-year increase in new store signings in Q2 and a 300% month-on-month increase in franchise inquiries since July [3]. Group 3: Competitive Landscape - The coffee market is experiencing a shift as delivery subsidies are decreasing, which may impact the growth trajectory of Luckin Coffee [4][5][6]. - The coffee price war is expected to stabilize, with prices likely settling in the 6 to 8 yuan range, as competitors like Kudi maintain their pricing strategy [7][10]. - Luckin Coffee's growth to a scale of 10,000 stores increases its potential to become a strategic competitor to established players like Luckin and Kudi [9].