GIC Invests in Luckin Coffee
Posted on 07/11/2018
Singapore’s GIC Private Limited invested in a fundraising round in China’s Luckin Coffee. Beijing-based Luckin Coffee views itself as a domestic rival to Starbucks Corporation. Luckin Coffee raised US$ 200 million in its latest fundraising round and has opened 525 stores already in China as of May 2018. Other investors in the round include Centurium […]
