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Luckin Coffee, a massive but unprofitable Chinese Starbucks competitor, is set to begin trading in the US
Luckin Coffee is set to begin trading Friday on the Nasdaq under the ticker LK.
2 China start-ups challenging Starbucks and Twitch are about to IPO in the US, and they have a surprising amount in common
Luckin Coffee and DouYu have filed for IPOs in the US, and both are growing fast, losing money, and using live-streaming video and data in novel ways.
Luckin Coffee only officially launched in January and yet has already opened over 1,400 cafes in 21 cities.