China Starbucks Rival Luckin Jumps After $561 Million IPO
A customer enters a Luckin Coffee outlet in Beijing, China. (Photographer: Gilles Sabrie/Bloomberg)

China Starbucks Rival Luckin Jumps After $561 Million IPO

(Bloomberg) -- Luckin Coffee Inc., a challenger to Starbucks Corp. in the race to dominate China’s growing coffee culture, climbed in its trading debut after raising $561 million in an expanded U.S...
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