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Luckin founder’s new noodle shop is no Luckin

We tried Qu Xiaomian, the new noodle chain from the founder of Luckin. It looks to us like it’s just another noodle shop in a crowded market.

Chinese beverage chain Luckin Coffee released its unaudited financial report for the first half of 2021, posting doubled revenue.

The financial update indicates Luckin Coffee is taking the first step back to normalcy as it prepares for a comeback.