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Record W7131929554

Luckin: Rising from the Ashes

2023· other· en· W7131929554 on OpenAlexaff
Chao Liang, Qiong Zhu

Bibliographic record

VenueCEIBS Institutional Repository · 2023
Typeother
Languageen
Field
Topic
Canadian institutionsCentre Casa
Fundersnot available
KeywordsPoint (geometry)Big businessFace (sociological concept)Business operationsKey (lock)Business modelCompetitor analysis
DOInot available

Abstract

fetched live from OpenAlex

Any company might one day face the test of a grave crisis that puts its very existence at risk. How can it survive the darkest moments and rise from the ashes? What is key to a company's longevity? The case of Luckin provides one possible answer. This case illustrated changes in Luckin's corporate strategy, business model, and operations strategy after its accounting fraud scandal. Luckin had previously adopted an aggressive expansion strategy. This approach featured prolific store openings, huge levels of financing, big customer discounts, and operations supported by a data-driven "new retail" system that acquired customers online and delivered products and services offline. This signature system took Luckin years to develop and refine. Customers didn't instantly abandon Luckin the aftermath of the scandal. Instead, customers rushed to Luckin stores to use up all their coupons just in case the company went out of business. While ensuring its stores could continue operating normally to keep up with this surge in demand, Luckin's new management team suspended its previous strategy and pivoted towards business performance. It focused on younger consumers and refined its operations strategy. The company launched new initiatives, including establishing private-domain traffic, introducing new products rigorously, and finetuning store operations to drive continued improvements in business performance. In August 2022, Luckin claimed to have "risen from the ashes and completely reinvented itself" as it announced second-quarter earnings. At that point in time, however, China's coffee segment was witnessing many emerging brands backed by deep-pocketed investors. Could Luckin sustain its growth amid such competition? How could it stay competitive?

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.000
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesMeta-epidemiology (narrow), Insufficient payload (model declined to judge)
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Not applicable · Consensus signal: Not applicable
GenreCandidate signal: Other · Consensus signal: Other
Teacher disagreement score0.020
Threshold uncertainty score1.000

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0000.000
Meta-epidemiology (narrow)0.0010.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0010.001
Scholarly communication0.0000.000
Open science0.0010.000
Research integrity0.0010.001
Insufficient payload (model declined to judge)0.0010.021

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.021
GPT teacher head0.250
Teacher spread0.228 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

Study designNot applicable
Domainnot available
GenreOther

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2023
Admission routes1
Has abstractyes

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Same venueCEIBS Institutional RepositoryFrench-language works237,207