Fast-growing Chinese coffee chain Luckin plans an IPO | Business| Economy and finance news from a German perspective | DW | 23.04.2019
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Business

Fast-growing Chinese coffee chain Luckin plans an IPO

The Beijing-based coffee chain Luckin wants to go public in the US. Luckin has applied to list on the Nasdaq exchange and plans to raise around $300 million in the IPO. The chain is competing with Starbuck’s in the fast-growing China market.

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