The news also immediately comes after a delivery partnership between Luckin and Meituan was announced in December 2018.
Coffee Box began by offering delivery services from coffee chain brands including Starbucks.
China’s fast-growing “new retail” startup and purveyor of coffee Luckin has announced it has completed its A round of financing worth $200 million valuing it at $1 billion. The round was financed by Dazheng Capital, Joy Capital, the Government of Singapore Investment Corporation (GIC) and Legend Capital, Sohu reports. The rise of Luckin shows that […]