Tuesday, May 7, 2019

Luckin Coffee plans to raise over $500M in US IPO



Luckin Coffee, the ambitious Chinese upstart that’s going after Starbucks, could raise nearly $600 million from its upcoming IPO. That’s according to a price range released by the Chinese startup. In a new filing, Luckin said it plans to sell 30 million shares at an initial range of $15-$17.

from Pocket https://techcrunch.com/2019/05/06/luckin-coffee-500-million/
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