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China's Luckin Coffee Debuts on the Nasdaq, Faces Off With Starbucks

Credit: Cheddar Inc.
Published 1 week ago - Duration: 02:02s

China's Luckin Coffee Debuts on the Nasdaq, Faces Off With Starbucks

Chinese company Luckin Coffee made its public debut on the Nasdaq at $25, 47 percent more than its earlier IPO price.

Many have compared Luckin to American coffee giant Starbucks, citing competition between the two in China.

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NEW YORK (AP) — Luckin Coffee, a fast-growing rival to Starbucks in China, jolted higher in its U.S. stock market debut Friday. The Chinese company, which...
1 week ago • SeattlePI.com

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