luckin coffee

Luckin Coffee bags another $150m ahead of US IPO

China's fast-growing coffee chain is clearly on the double espressos. Despite widespread concerns about its cash-burning business model, it has just completed its third funding round in 10 months.
April 17, 2019

Coffee unicorn: Starbucks challenger raises $200m

Chinese startup Luckin Coffee draws investment from Singapore’s sovereign wealth fund and aims to challenge Starbucks’ dominance by introducing new ways of consumption and payment.
July 11, 2018