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Luckin earned 2.1 billion yuan ($289 million) in net income for the first nine months of 2024. Starbucks’ international woes Starbucks reported $784 million in China revenue for the quarter ...
Let's discuss the pros and cons of Nvidia (NASDAQ: NVDA) and Luckin Coffee (OTC: LKNC.Y) and decide whether their stocks are good buys. With shares up by a whopping 179% year to date, Nvidia has ...
Many know China as a nation of tea-drinkers. But coffee consumption has begun to take off in the country, and so quite a number of investors have taken an interest in shares of Luckin Coffee ...
After all the events that transpired this year with Luckin Coffee (OTCMKTS:LKNCY), this can only be a speculative bet. Luckin stock came to market in 2019 and after an iffy start, rallied 170% ...
Ever since rapidly growing Chinese coffee retailer Luckin Coffee (NASDAQ:LK) hit the public markets at an IPO price of $17 per share in May 2019, I've been pounding on the table, calling LK stock ...
Amid the much hyped but ultimately disappointing spate of initial public offerings stands Luckin Coffee (NASDAQ:LK). Unlike names such as Uber (NYSE:UBER) or Lyft (NASDAQ:LYFT), Luckin doesn't ...