Chinese coffee giant eyes IPO

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Beijing-based Luckin Coffee has hired Credit Suisse to lead a US IPO that might occur as soon as 2Q and could raise some $300 million for the operator of a retail coffee chain in China, per Bloomberg. The business raised $200 million from investors including GICand China International Capital at a valuation of $2.2 billion last December.

Source: https://pitchbook.com/newsletter/chinese-coffee-giant-eyes-ipo

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