Naixue’s Tea, one of China’s largest tea beverage chains, is reportedly looking to raise $400 million in a US IPO as early as this year.
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Posted inUp and Comers
Luckin Coffee announces 2 new bids to raise cash
Luckin Coffee is offering a $400 million bond and issuing new shares less than a year after its Nasdaq IPO.
Posted inViews
Why it’s time to wake up and smell the coffee on Luckin
A web of CAR Inc and UCAR personnel, resources and investors are behind Luckin’s expansion.
Posted inUp and Comers
Briefing: Luckin Coffee seeks funds at up to $2 billion valuation
Hot Chinese coffee company’s new fundraising comes just months after last round.
Posted inThe Numbers
VC roundup: China’s little funding ice age
Covid-19 hit the VC market while it was down. But there’s one bright spot for startups—new rules on mainland exchanges are powering a wave of domestic IPOs.
Posted inUp and Comers
Cloud robotics firm CloudMinds opts for US IPO, seeks $500 million
The company says it is the world’s first to commercialize a cloud-based robotics system.
