男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Companies

Luckin Coffee raises $200m in A round financing

Xinhua | Updated: 2018-07-16 17:09
Share
Share - WeChat
A screenshot from Luckin Coffee's website. [Photo/luckincoffee.com]

BEIJING - Chinese coffee chain Luckin Coffee has completed its Series A round of financing worth $200 million.

The funding lifts the on-demand coffee delivery start-up's valuation to about $1 billion, according to the company's statement.

Investors include Singapore's sovereign wealth fund GIC and Legend Capital.

As an emerging market player that rivals Starbucks, Luckin Coffee started trial operation in January this year, selling coffee at brick-and-mortar stores while also delivering products by online orders.

It expanded quickly, opening 525 chain stores in 13 cities across the country by the end of May, becoming the second largest coffee chain in China.

Luckin Coffee will steadily expand its stores while ensuring product and service quality, and there is no specific target for store expansion, the company said.

The money will be used for product research, technology innovation, and business development, according to Luckin Coffee CEO Qian Zhiya.

"We have confidence in offering desirable product quality, price and user experience with mobile internet, big data and other technologies," Qian said.

Once a major consumer of tea, China has seen an expanding coffee consumption market, which is expected to be worth about one trillion yuan by 2025, according to an industry report.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 天气| 永安市| 绥江县| 高尔夫| 萨嘎县| 宜都市| 姚安县| 扶沟县| 浦江县| 福海县| 兴山县| 霞浦县| 莱芜市| 湘乡市| 子洲县| 台安县| 揭西县| 天峻县| 屯门区| 曲靖市| 永年县| 文山县| 尼木县| 罗田县| 定襄县| 岳池县| 讷河市| 略阳县| 如东县| 刚察县| 修武县| 绍兴县| 康平县| 浦县| 龙里县| 南昌市| 绥阳县| 扎囊县| 鄂州市| 比如县| 沙洋县|