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How China's Luckin Coffee Is Trying to Overtake Starbucks

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bloomberg

Bloomberg

Jan.16 -- Reinout Schakel, Chief Strategy Officer of Luckin Coffee, says China's coffee unicorn aims to overtake Starbucks as the top java seller in the country. The cash burning company also says is well-funded and "not immediately focused on capital raising." He spoke to Bloomberg's Tom Mackenzie.

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