GIC-backed China's Luckin Coffee files for US IPO

GIC-backed China's Luckin Coffee files for US IPO

A Luckin Coffee store in Beijing. Photographer: Gilles Sabrie/Bloomberg

Luckin Coffee Inc., the ambitious Chinese startup that is taking on Starbucks Corp. as a more affordable option in the country, filed for an U.S. initial public offering and seeks to list on the Nasdaq under the ticker LK.

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