BRIEF: Luckin considers Blue Bottle bid in globalization, upmarket push
Luckin Coffee Inc. (LKNCY.US) is considering a bid for Nestlé SA’s (NESN.SW) Blue Bottle Coffee specialty coffee chain, according to people familiar with the matter cited by Bloomberg. The move…
Luckin Coffee eyes global leap as China’s Double 11 loses its luster
Luckin could be preparing a bid for Costa Coffee. What's driving this potential deal, and what are its chances for success? And this year's Double 11 festival looks like a dud, with most big e-commerce companies failing to publish any big numbers. What does the future hold for this fast-fading shopping fest?
Luckin eyes new challenge to Starbucks with potential Costa bid
China’s leading coffee chain is reportedly in discussions with one or more banks for a $900 million loan to finance a bid for the British coffee chain, which is being…
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