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Luckin Coffee’s margins shrink amid expansion to outplay Starbucks

Luckin Coffee’s rapid expansion has positioned it as a dominant force in China’s coffee market, but at the cost of strained profit margins.

4 mins read
  • Bringing you the latest updates on funding deals and activities in the Asia Pacific.

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    Deals in brief: Hitseries Capital backs Vietnam-based WeSale, LiveIn extends pre-Series B round, Zypp Electrics raises USD 15 million, and more

    3 mins read

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