Not Enough U.S. Cash Burning IPOs for You? Here Comes China’s Luckin Coffee
May 15, 2019 at 13:48 PM EDT
Just as U.S. investors are trying to make sense of the Uber (UBER) and Lyft (LYFT) IPOs, both disastrous for those buying at the offer prices, on Friday we will get a U.S. listing of Chinese-operated, Cayman Island-incorporated coffee upstart Luckin Coffee. How much should investors pay for this so-called Starbucks of China (even though … Continue reading "Not Enough U.S. Cash Burning IPOs for You? Here Comes China’s Luckin Coffee"