Subsidies play a key role in the coffee company’s plan to seize the Chinese market.
Community group-buy firms fined, women boost consumption: Retailheads
China fined five community group-buy platforms for price dumping, the “she economy” is on the rise as modern Chinese women power growth.
Trip.com IPO, $10 billion for Meituan’s community group buy: Retailheads
Trip.com debuts in Hong Kong for a secondary listing, Meituan is selling $10 billion in convertible debt to support its community group buy unit.
China tech stocks bounce back after virus outbreak losses
Tech stocks are down following an epidemic. Luckin Coffee’s stock has suffered the most, as mask manufacturers’ share prices rise.