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CHINA BRIEF | On-demand tea company Naixuecha scores USD 100 million in investment

The startup is in preparations for an initial public offering but has shifted the destination from the US to Hong Kong, following the Luckin scandal.

1 min read
  • 2020 has been a tumultuous year for Luckin Coffee, which is holding on to a thread as an accounting scandal now threatens the firm with delisting.

    Videos

    Video | The rise and fall of Luckin Coffee, once China’s most promising coffee startup

    2 mins read

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