Tag "Luckin Coffee"

Coca-Cola scraps Costa Coffee sale after bids fall short

Coke had been seeking about £2bn after paying £3.9bn for UK chain in 2018 Coca-Cola has ditched plans to sell Costa Coffee after bids from private equity suitors fell short...

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LDC and Luckin Coffee are to build a coffee roasting plant

Dutch agricultural commodity merchant Louis Dreyfus Company and Chinese coffee firm Luckin Coffee have started building a joint coffee roasting plant in Xiamen, China. The plant – which is located...

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Luckin Coffee enters the food and beverage vending machine market

Qian Zhiya, CEO of Luckin Coffee, recently announced that China’s most popular coffee chain will enter the food and beverage vending machine market – origo, wrote. Zhiya said that this...

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The Chinese coffee chain enters the market in the United States

Luckin Coffee, which is the Chinese rival to Starbucks, has filed the US stock exchange documents. With an initial public stock market release, the company can get up to 800...

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Luckin Coffee opens new cafes in a row

Luckin Coffee picks Credit Suisse for 300 million USD share sale. The deal could take place in the second quarter of this year. Luckin Coffee, the ambitious Chinese startup rolling...

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