Chinese coffee company Luckin is preparing to go public. The company is planning to sell shares at a range of $15-$17, giving an estimated raise of $450-$510 million. Luckin CFO Reinout Schakel joins.. WorldNews - Published
Luckin Coffee Inc, the Chinese challenger to Starbucks Corp, on Thursday priced its U.S. initial public offering at the top end of its targeted range and sold more shares than planned in the biggest.. Reuters - Published
The Chinese challenger to Starbucks, Luckin Coffee, saw its shares zoom up 47 percent at the open as it debuted on the Nasdaq. But Fred Katayama reports, the startup warns it may keep losing money in..