Asia · Regional markets · Yicai Global

China’s Luckin Coffee Posts Record Profit in Third Quarter, Cuts Delivery Fees by USD165 Million

Published by Yicai Global · China 11 h ago

(Yicai) Nov. 4 -- Luckin Coffee reported record profit for the third quarter, as the easing of the takeout subsidy war among Chinese food delivery giants, coupled with an uptick…

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China’s Luckin Coffee Posts Record Profit in Third Quarter, Cuts Delivery Fees by USD165 Million

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