Luckin Coffee soared over 11% in morning trading after posting its financial results.
The total net revenue in Q2 was 3,298.7 billion yuan (about 493.2 million US dollars), an increase of 72.4% compared with 1,913.7 million yuan in the same period of last year. The net loss was 114.7 million yuan (about 17.2 million U.S. dollars).
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