Breaking:Luckin becomes top app in Singapore

Alice Arnault
2023-05-25

Follow me for breaking and interesting insights @Alice Arnault 

This is actually quite interesting, the story of $Luckin Coffee Inc.(LKNCY)$ Is something everyone knows about but i wont comment too much about it, but amongst all the Chinese fnb companies it has been the only one to break into the local vibe

Singapore is rather small but i guess it has shown good potential to be able to break through the buzz and could signal that it can be something worth investing in the long term. 

The other ones are definitely Heytea and Snow king but investing in them is not for most equity investors yet.

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