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Chinese kaffekedja challenge the american giant

Pekingbaserade Luckin Coffee was started 18 months ago and expects to bring in up to 800 million dollars in the note, which is in addition to the recently announced kapitalanskaffningsrunda which 125 million dollars, after which the company was valued at $ 2.9 billion.

very quickly in the home country, and has chosen New York over hong kong is that the latter require a company before a listing can show up to a three-year financial history.

another contributing reason to the choice of the united states is to Luckin want to be able to measure up värderingsmässigt with its american competitor, Starbucks.

the second-largest market after 20 years of business. Currently, there are 3.400 Starbucks in the country.

Starbucks is competing in the onlinebetjäning, which has become one of Luckins main branches, with Alibaba. Luckin has, for its part, paired with nätkonkurrenten Tencent.

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