Luckin Seeks To Overtake Starbucks In China With $587M IPO
By Benjamin Horney ( May 6, 2019, 7:27 PM EDT) -- Beijing-based Luckin Coffee revealed Monday that it is aiming to raise roughly $586.5 million in an initial public offering meant to provide capital for the company's push to surpass Starbucks as the No. 1 coffee chain in China....
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