Thank you for subscribing.

Please check your email to confirm.

Unsubscribe success..

You already subscribed and confirmed.

Please check your email.

You already subscribed.

Please check your email to confirm.

Luckin Coffee

Luckin Coffee

Luckin Coffee is a coffee chain startup originated from China, and it has distinguished itself with aggressive marketing, an emphasis on delivery and a tech-centric purchasing experience.

OVERVIEW

Category
Retail
Headquarter
Beijing
Founded Time
Oct. 1, 2017
Latest Funding
IPO
Company Size
N/A
Also Known As
Legal Name
Luckin coffee (beijing) Co., Ltd.
Name (Chinese)
Luckin Coffee
Legal Name (Chinese)
瑞幸咖啡(北京)有限公司
Email Address
hz@luckincoffee.com
Phone Number
+86 10-87689999
Read More

FUNDING

Number of Funding Rounds 5
Total Funding Amount USD 1.25B
Announcement Date Funding Round Funding Raised Lead Investor(s)
May. 17, 2019 IPO 695.00M Public shareholders
Apr. 18, 2019 Series B+ 150.00M BlackRock
Dec. 12, 2018 Series B 200.00M Joy Capital, Centurium Capital, GIC, CICC
Jul. 11, 2018 Series A 200.00M GIC, Joy Capital, Legend Capital, Centurium Capital
Apr. 15, 2018 Angel Round 7.00M Joy Capital, LU Zhengyao
Announcement Date

May. 17, 2019

Funding Round

IPO

Funding Raised

695.00M

Lead Investor(s)

Public shareholders

Announcement Date

Apr. 18, 2019

Funding Round

Series B+

Funding Raised

150.00M

Lead Investor(s)

BlackRock

Announcement Date

Dec. 12, 2018

Funding Round

Series B

Funding Raised

200.00M

Lead Investor(s)

Joy Capital, Centurium Capital, GIC, CICC

Announcement Date

Jul. 11, 2018

Funding Round

Series A

Funding Raised

200.00M

Lead Investor(s)

GIC, Joy Capital, Legend Capital, Centurium Capital

Announcement Date

Apr. 15, 2018

Funding Round

Angel Round

Funding Raised

7.00M

Lead Investor(s)

Joy Capital, LU Zhengyao

UPDATES

Luckin Coffee Witnesses Its Lucky Moment
The shares climbed to as high as USD 25.96, giving it a market value of almost USD 6 billion, before falling to USD 22 as of this writing -- a 31%increase on its IPO price.

The shares climbed to as high as USD 25.96, giving it a market value of almost USD 6 billion, before falling to USD 22 as of this writing -- a 31%increase on its IPO price.

Luckin Coffee Makes Nasdaq Debut
Unlike traditional retail companies, Luckin gains profit from the efficiency of its store management efficiency as well as a more sophisticated middle-back end system.

Unlike traditional retail companies, Luckin gains profit from the efficiency of its store management efficiency as well as a more sophisticated middle-back end system.

Luckin Seeks to Raise Over USD 500 Million in NASDAQ Initial Public Offering
Whether the USD 500 million expected to be raised from IPO will save Luckin before the company runs into a cash crunch remains uncertain, but we can at least find signs of improvement to its financial condition.

Whether the USD 500 million expected to be raised from IPO will save Luckin before the company runs into a cash crunch remains uncertain, but we can at least find signs of improvement to its financial condition.

Coffee Box Completes B3 Round Fundraising, Returns to Profitability
Coffee Box was founded in 2014, initially operated as a branded coffee delivery company for Starbucks, Costa, etc. It seems Luckin’s application helped Coffee Box in its business.

Coffee Box was founded in 2014, initially operated as a branded coffee delivery company for Starbucks, Costa, etc. It seems Luckin’s application helped Coffee Box in its business.

Luckin Coffee Files for IPO NASDAQ
The filing reveals Luckin's financials. The net income in 2018 was CNY 840 million, with a net loss of CNY 1.62 billion. While the net income as of March 31, 2019 was CNY 480 million, with a net loss of CNY 550 million.

The filing reveals Luckin's financials. The net income in 2018 was CNY 840 million, with a net loss of CNY 1.62 billion. While the net income as of March 31, 2019 was CNY 480 million, with a net loss of CNY 550 million.

Will Blackrock's USD 125 Million Investment in Luckin Coffee Brew Success?
Luckin Coffee announced that it has finished its series B+ round of financing of USD 150 million. After the funding, the latest valuation of this coffee magnate was USD 2.9 billion.

Luckin Coffee announced that it has finished its series B+ round of financing of USD 150 million. After the funding, the latest valuation of this coffee magnate was USD 2.9 billion.

The Financial Instruments Applied by Luckin Coffee
Besides fundraising, the chattel mortgage has the strategic transform from heavy-assets to light-assets operation. As the second largest shareholder of Starbucks, BlackRock's investment might not just be a portfolio optimization.

Besides fundraising, the chattel mortgage has the strategic transform from heavy-assets to light-assets operation. As the second largest shareholder of Starbucks, BlackRock's investment might not just be a portfolio optimization.

READ MORE

EqualOcean is a leading industrial tech media and investment research company that focuses on technological and industrial innovation in China.

We aim to assist Chinese entrepreneurial enterprises to break into the global market and provide overseas investors, VCs, and enterprises with a deeper understanding of China's business environment and to seize opportunities in China.

Join over 800,000 of your peers