Thailand s Luckin claimed 10 billion baht from China s Luckin

Mondo Finance Updated on 2024-01-31

Recently, Thailand's Luckin Company filed a lawsuit against China's Luckin Coffee that shocked the world, with a claim amount of up to 10 billion baht. The news immediately sparked widespread concern and speculation about what exactly happened that made Thai Luckin so angry and decided to take such drastic actionIt is reported that Thailand Luckin Company claimed that China Luckin took improper measures in market competition, resulting in huge losses in the Thai market. The huge amount of this claim has also aroused people's attention and questions about China's Luckin Coffee.

The reason why China's Luckin suffered a claim of 10 billion baht from Thailand's Luckin was suspected of brand infringement

Recently, the news that the well-known Chinese coffee brand Luckin Coffee suffered a claim of 10 billion baht from Thailand's Luckin has attracted widespread attention. It is understood that the reason for the claim filed by Thailand Luckin is that China Luckin is suspected of brand infringement. This incident has once again sparked a discussion about brand protection.

As a leading brand in China's coffee industry, Luckin Coffee is deeply loved by consumers for its unique brand image and high-quality coffee products. However, with the rapid rise of Luckin Coffee, some unscrupulous merchants began to imitate its brand image and trademark logo in order to obtain the benefits of unfair competition. Thailand's Luckin claim is a case in point.

Brand infringement refers to the unauthorized or unauthorized use of another person's registered trademark, trade name, business name, etc., on the same or similar goods, which may cause confusion. As a registered trademark, the trademark right of Luckin Coffee is protected by law, and the unauthorized use of the trademark by other merchants is a brand infringement.

In order to avoid the occurrence of brand infringement, countries have established relevant laws and regulations. In China, trademark law is the main legal basis for the protection of brand rights. According to the law, any person or entity that uses a sign that is identical or similar to a registered trademark of another person on the same or similar product is likely to cause confusion and misidentification, which is considered trademark infringement. For trademark infringers, the infringed party has the right to file a lawsuit for compensation for economic losses and moral damages. Therefore, when China Luckin faces a claim from Thailand Luckin, it has the right to protect its brand rights and interests through legal means.

For China Luckin, the brand is built on the basis of product quality and service. In the face of brand infringement, in addition to protecting rights through legal means, it is also necessary to strengthen brand building and publicity to enhance brand awareness and image. Through interaction with consumers, enhance the brand's sense of identity and loyalty, and further consolidate the brand's market position.

At the same time, the brand infringement incident also reminds people to pay attention to the issue of brand protection. An excellent brand not only represents the image and reputation of the enterprise, but also the core competitiveness of the enterprise operation and competition. The protection of brand rights and interests is not only the embodiment of the company's own interests, but also closely related to the order of the entire market and the interests of consumers. ** The department shall strengthen the law enforcement and supervision of brand protection, formulate a more complete legal and regulatory system, and provide more effective protection for the development of the brand.

The possible impact of Thailand's Luckin claim of 10 billion baht: damage to brand reputation

The claim itself can have a direct negative impact on Luckin's brand reputation. As a coffee chain giant, Luckin has always been known for its excellent reputation and high-quality coffee. However, a claim of this magnitude is likely to cast doubt on the company's business practices and values. This can lead to otherwise loyal customers choosing other reliable coffee shops and a sense of distrust of Luckin's brand image and reputation.

Such a claim case is likely to attract attention and coverage, further exacerbating the negative comments and controversy about Luckin. It will make more people aware of the case and raise questions about Luckin's brand image and business ethics. If the coverage focuses primarily on the company's mistakes and mistakes, the damage to the brand's reputation can be even more severe.

The claim could also have an impact on Luckin's share price and investor confidence. If the company is awarded 10 billion baht in damages, it will have a huge impact on the company's financial position. In addition, investors may begin to question the company's ability to operate and the decision-making capabilities of the management team, leading them to divest or reduce their investment in Luckin. This chain reaction could lead to stock prices** and may require a range of countermeasures by the company to restore investor confidence.

To meet such challenges, Luckin needed to take a series of proactive steps to protect and restore its brand reputation. First of all, the company needs to be proactive in dealing with the claim case, actively communicating with the relevant parties and finding a solution. By being open and transparent about handling and resolving this case, Luckin has the opportunity to rebuild public trust in the company's integrity and values.

Luckin should strengthen communication with **, actively respond to negative reports and provide relevant explanations and information. Building closer relationships and providing reliable and accurate information can help restore and maintain trust in the company and the public.

Luckin can also take a range of steps to increase consumer trust and loyalty to the company. For example, by providing high-quality products and services, with an emphasis on their reliability and quality assurance, customer confidence can be earned. In addition, strengthening interaction and communication with consumers, conveying the company's values, and maintaining an open and transparent posture will also help restore trust in Luckin.

China's Luckin responds to Thailand's Luckin claim of 10 billion baht: strengthening the legal team

In its claim, Thailand's Luckin accused China of infringing its trademark rights and demanded "huge losses". In the face of this claim, China Luckin said it would strengthen its legal team and go all out to resolve the dispute.

Strengthening the legal team is an important step for China Luckin to respond to Thailand's Luckin Luckin claim of 10 billion baht. This measure demonstrates the determination of China Luckin to protect its brand reputation and intellectual property rights. By strengthening its legal team, Luckin China is better able to respond to legal proceedings and ensure its own rights.

China Luckin is not only committed to litigation resolution, but also willing to seek solutions through dialogue with Thailand Luckin Company. The two sides can reach an agreement and resolve differences through friendly consultations and mutual respect. China Luckin believes that through constructive dialogue and communication, solutions to problems can be found and the legitimate rights and interests of both parties can be safeguarded.

China's Luckin also expressed doubts about the amount of Thailand's Luckin claim. In its view, the amount claimed is excessive and unrealistic. In this regard, China Luckin reserves the right to take further legal action to protect its legitimate rights and interests.

As a world-renowned coffee chain enterprise, China Luckin has strong brand strength and market influence. From the very beginning of its existence, the company has placed a high value on brand protection and considers its intellectual property to be a core asset. By actively expanding its legal team, China Luckin will further strengthen its protection of brand reputation and intellectual property rights to ensure the company's sustainable development.

We should maintain an objective and rational attitude towards this matter, and at the same time pay attention to how to maintain the effectiveness of business ethics and laws in cross-border business cooperation. Only in this way can we build a fairer and more transparent platform for international business exchanges.

Proofreading: Plain and tireless.

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