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Scandal-hit Luckin Coffee raises USD 250 million, regains trust from investors

The company plans to use the money to facilitate its proposed offshore restructuring and fulfill its obligations under the USD 180 million settlement with the US SEC.

2 mins read
  • Accumulated losses reach USD 10 billion; Singapore company raises Myanmar risk.

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    Grab CEO takes 60% of voting rights: 5 take-aways from IPO plan

    4 mins read

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