
Luckin on Tuesday posted better-than-expected results for the first quarter of this year. The company’s revenue soared 89.5% year-on-year to RMB 2.4 billion ($379.3 million), easily beating the high-end $310.8 million estimate compiled by Yahoo Finance. The Xiamen-based company also announced a total of 6,580 stores as of the end of the reporting period…
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