Luckin Coffee surges again, snaps up Nestle upscale chain Blue Bottle for nearly half the $700M asking price
Luckin Coffee — China’s largest coffee chain that set up shop in Gotham in June of 2025 and has since been competing with American coffee giants like Starbucks — may just froth over with another win. Centurium Capital Partners, the buyout firm that helped turn around the Chinese coffee market leader, is acquiring the upscale … Read more