Chinese coffee chain stores operator Luckin Coffee announced on Thursday that it has raised US$150 million in a series B+ round of financing led by American investment management firm BlackRock, bringing the valuation of the coffee chain upstart to US$2.9 billion. The lead investor BlackRock poured US$125 million into the new round. Luckin Coffee, founded […]

China’s Coffee Chain Upstart Nets $150M Series B+ Round To Hit $2.9B Valuation comes originally from China Money Network. All Rights Reserved.