A China’s Coffee Disruptor Luckin Plots To Raise $800 Million To Challenge Starbucks
Luckin, China’s upstart coffee brand, has an audacious plan: convince China to switch from tea to coffee, overtaking Starbucks while they’re at it. It’s an expensive proposition, so they’re relying on an IPO — and a Silicon Valley mindset. “Technology is the core of our business,” Luckin Coffee, the young unicorn that emerged last year…