After Luckin touched off a short-selling bonanza, e-commerce and edtech are winning, but what about everyone else?
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Posted inOn the Cusp
China Tech Investor 23: Is Luckin Coffee a real business?
Michael Norris discusses Luckin Coffee’s IPO and how much of the business actually makes sense.
Posted inViews
Luckin may not last, but its model will
More and more fast-growing startups are headed to IPO while hemorrhaging money.
Posted inHeavy Hitters
Luckin reportedly seeking Ele.me tie-up for deliveries amid profit pressures
The news also immediately comes after a delivery partnership between Luckin and Meituan was announced in December 2018.
Posted inOn the Cusp
Briefing: Starbucks China challenger Luckin aiming for $586.5 million IPO
The IPO filing comes a week after the company’s $150 million Series B+ that is raised at a valuation of $2.9 billion.
Posted inThe Numbers
Luckin’s net losses doubled in Q2 as cash-burning continues
Shares slid overnight after losses hit nearly $100 million in the quarter.
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
Alibaba ups logistics stake, coffee war, livestream apps battle for shoppers: Retailheads
Alibaba raises its bet in the logistics industry, China’s coffee war continues to brew, Bytedance adds a crucial piece to its e-commerce puzzle.
Posted inOn the Cusp
Luckin offers $6.7 million in assets as lease collateral, signaling money woes
Luckin is under financial pressures as the startup coffee chain is showing signs of overheating.
Posted inViews
INSIGHTS | What’s at stake in fight over delisting Chinese firms
Washington is threatening delisting for Chinese companies if they don’t comply with tighter audit rules. But there’s still room for a deal.
