After Major Rebrew, Is Luckin Seeking to Re-list in New York?

Scandal-tainted Starbucks Chinese challenger dismisses media report about a re-listing plan, despite recent actions that suggest such a potential move Key takeaways: Scandal-tainted Luckin Coffee is discussing capital raising options, including a potential re-listing on the Nasdaq later this year, according a Financial Times report The company still faces hurdles in the form of competition from established giant Starbucks and newer up-and-comers like Manner Coffee By Jony Ho After getting burned once, will investors be willing to take another sip of a scandal-tainted Luckin Coffee Inc. that says it’s now…

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Mild Manner Coffee Takes on Starbucks in China With ‘Street Coffee’

Newer chains like the ByteDance-backed startup are using small-store format to change the big game in China’s vibrant coffee market Key takeaways: Manner Coffee is at the forefront of a new generation of boutique Chinese coffee chains that are attracting major investment dollars Newcomers are challenging Starbucks with small-store format that slashes rent, labor costs By Jose Qian China’s booming coffee business has made it the second most important market for global giant Starbucks (SBUX.US), behind only its home U.S. market. But it’s also providing fertile ground for new and…

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Scandal-Ridden Luckin in Nascent Coffee Comeback. But Will Investors Take a Sip?

With strong first-half revenues and shares within striking distance of its $17 IPO price, Starbucks challenger could be positioning itself for a big-board relisting Key takeaways: Luckin Coffee’s latest post-scandal financial report shows revenue more than doubled in the first half of the year, as losses narrowed Reformed company’s shares have rebounded to just below their IPO price, as it moves to business model with new focus on franchising By Mia Shanley For better or worse, investors tend to have short memories. That’s especially the case with Luckin Coffee Inc.…

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