Luckin Coffee closes up 12.44 percent, with market value topping $10 billion

Luckin Coffee’s shares continued to rise after the market opened Thursday. By the close, Luckin Coffee’s shares were up 12.44 percent at $44.37, giving it a market value of $11 billion. Yesterday, Luckin Coffee launched the unmanned coffee machine “luckin coffee express” and the unmanned vending machine “luckin pop mini” officially entered unmanned retail.

Luckin Coffee founder and CEO Qian Zhiya says that in 2019, Luckin Coffee has 4,507 direct stores, far more than Starbucks.

Luckin Coffee closes up 12.44 percent, with market value topping $10 billion

In addition, the “Top 10 Economic Persons of 2019” awardceremony, jointly produced by Sina Finance, People’s Daily Intelligence Media Research Institute and Wu Xiaobo Channel, was held on January 9, 2020 at 751D. PARK Beijing Fashion Design Plaza 79 cans held, Luckin Coffee founder and CEO Qian Zhiya was named “2019 Economic Person of the Year.”

Luckin Coffee closes up 12.44 percent, with market value topping $10 billion