Stripe has entered into a strategic partnership with Luckin Coffee, China’s leading coffee chain, as it looks to support its international expansion into Malaysia and Singapore.
The move will see Stripe’s robust payment infrastructure and localisation capabilities be leveraged by the firm to establish a seamless cross-border payment system that caters to evolving consumer preferences in Southeast Asia, according to FF News.
Luckin Coffee has revolutionised China’s coffee culture through its innovative online-to-offline (O2O) retail model and mobile-first customer experience.
With a strong domestic footprint, the company is now turning its attention to international markets, beginning with Southeast Asia, where demand for specialty coffee is rising steadily.
With Stripe’s support, the firm has implemented a flexible, localised payment system in just one month.
This integration enables the use of a wide range of local payment options including credit cards, Apple Pay, Google Pay, GrabPay, PayNow, and FPX. Stripe’s checkout optimisation tools and one-click checkout feature via Link ensure a smooth and consistent experience for customers across Singapore and Malaysia.
Stripe also played a crucial advisory role, providing Luckin Coffee with market insights, compliance guidance, and technical resources to ensure adherence to local regulatory frameworks.
The success of the launch in these two countries underscores the importance of operational agility and infrastructure readiness in international expansion strategies.
Luckin Coffee general manager Zhang Jiangxiang said, “Our global strategy is anchored in technology and innovation. We chose Stripe not just for its payment leadership, but for a shared mindset around speed, scale, and seamless user experience. This partnership allows us to focus on delivering great coffee to more customers around the world.”
Stripe regional head & managing director, Southeast Asia, India, Greater China, Sarita Singh said, “We’re proud to support Luckin Coffee’s global expansion. Their growth reflects the power of combining product innovation with efficient operations. Stripe’s mission is to enable forward-looking businesses like Luckin to scale globally through modern, localised payments.”
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