Starbucks challenger Luckin snags $200M investment on $2.2B valuation
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Luckin, a startup that vows to topple Starbucks’s dominance in China, announced on Wednesday that it’s lifted its valuation to $2.2 billion after raising $200 million in a series B funding round. That came only five months after the coffee upstartStarbucks challenger Luckin snags $200M investment on $2.2B valuation
Luckin, a startup that vows to topple Starbucks’s dominance in China, announced on Wednesday that it’s lifted its valuation to $2.2 billion after raising $200 million in a series B funding round. That came only five months after the coffee upstart, which soft-launched in January, picked up $200 million in investment. Luckin has been on a spending spree […] Read more