Luckin Coffee CEO Jinyi Guo said at an entrepreneurs’ gathering earlier this month that the company is preparing to relist in the U.S.
➡️ The Xiamen-headquartered coffee chain was booted from the Nasdaq in 2020 after admitting to fabricating $310 million in 2019 revenue.
➡️ Backed by top investor Centurium Capital, Luckin has rebounded to become China’s biggest coffee retailer, overtaking Starbucks, and is now expanding in the U.S.
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Andrea Lattuada con Luckin Coffee per altri tre anni, ma negli USA: “Momento giusto per entrare in questo mercato” https://t.co/wv8Dg4ZU19 via @Comunicaffè
Andrea Lattuada con Luckin Coffee per altri tre anni, ma negli USA: “Momento giusto per entrare in questo mercato” https://t.co/wv8Dg4ZU19 via @Comunicaffè