{"id":884,"date":"2018-12-12T18:05:53","date_gmt":"2018-12-12T10:05:53","guid":{"rendered":"http:\/\/ct.v-dk.com\/uncategorized\/20181212\/"},"modified":"2020-04-13T09:58:20","modified_gmt":"2020-04-13T01:58:20","slug":"20181212","status":"publish","type":"post","link":"https:\/\/www.centurium.com\/en\/press-en\/20181212\/","title":{"rendered":"Luckin Coffee Completes Series B Financing of US$200 Million at Valuation of US$2.2 Billion"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img loading=\"lazy\" width=\"1401\" height=\"442\" src=\"http:http:\/\/www.centurium.com\/wp-content\/uploads\/2019\/05\/news_img3.png\" alt=\"\" class=\"wp-image-999\" srcset=\"https:\/\/www.centurium.com\/wp-content\/uploads\/2019\/05\/news_img3.png 1401w, https:\/\/www.centurium.com\/wp-content\/uploads\/2019\/05\/news_img3-300x95.png 300w, https:\/\/www.centurium.com\/wp-content\/uploads\/2019\/05\/news_img3-768x242.png 768w, https:\/\/www.centurium.com\/wp-content\/uploads\/2019\/05\/news_img3-1024x323.png 1024w\" sizes=\"(max-width: 1401px) 100vw, 1401px\" \/><\/figure>\n\n\n\n<p><strong>Beijing,\nDecember 12, 2018 \u2013 <\/strong>Luckin\nCoffee announced today that it has completed series B financing of US$200\nmillion, with post-money valuation of US$2.2 billion. The financing was led by\nCenturium Capital and Joy Capital, and was participated by the Government of\nSingapore Investment Corp (GIC) and China International Capital Corporation\n(CICC).&nbsp;&nbsp; <\/p>\n\n\n\n<p>Headquartered\nin Xiamen, China, Luckin\nCoffee started trial operation in January 2018. At the end of November 2018, it\nhas built 1,700 outlets in 21 cities including Beijing, Shanghai, Guangzhou and\nShenzhen. The stores are densely located from within 500 meters\u2019 radius of\nwalking distance in core areas in Beijing and Shanghai. Luckin\u2019s\ncoffee beans won the gold award at the 2018 International Coffee Tasters (IIAC)\nin Milan, Italy in December 2018. <\/p>\n\n\n\n<p>The company completed series A financing of US$200 million on July 11, 2018, with post-investment valuation of US$1 billion, making it the fastest-growing unicorn startup in China. It completed Series B financing of US$200 million in December 2018, only five months later, with post-investment valuation doubled. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Beijing, December 12, 2018 \u2013 Luckin Coffee announced to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":849,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/www.centurium.com\/wp-json\/wp\/v2\/posts\/884"}],"collection":[{"href":"https:\/\/www.centurium.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.centurium.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.centurium.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.centurium.com\/wp-json\/wp\/v2\/comments?post=884"}],"version-history":[{"count":3,"href":"https:\/\/www.centurium.com\/wp-json\/wp\/v2\/posts\/884\/revisions"}],"predecessor-version":[{"id":1612,"href":"https:\/\/www.centurium.com\/wp-json\/wp\/v2\/posts\/884\/revisions\/1612"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.centurium.com\/wp-json\/wp\/v2\/media\/849"}],"wp:attachment":[{"href":"https:\/\/www.centurium.com\/wp-json\/wp\/v2\/media?parent=884"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.centurium.com\/wp-json\/wp\/v2\/categories?post=884"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.centurium.com\/wp-json\/wp\/v2\/tags?post=884"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}