Starbucks' China challenger Luckin raises $561 million in U.S. IPO

May 17, 2019 by  
Filed under News

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 U.S. float by a Chinese firm this year.

Source: Reuters Business News

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