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Luckin Coffee's piping hot IPO

Video Credit: Rumble - Duration: 01:04s - Published < > Embed
Luckin Coffee's piping hot IPO

Luckin Coffee's piping hot IPO

The Chinese challenger to Starbucks, Luckin Coffee, saw its shares zoom up 47 percent at the open as it debuted on the Nasdaq.

But Fred Katayama reports, the startup warns it may keep losing money in the foreseeable future.

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