23.1 C
New York
Monday, September 26, 2022

Buy now


Starbucks China Rival Seeking Funds at $1.2 Billion Value, Sources Say

Lucky Ace International Ltd., which holds the exclusive franchise of the Japanese coffee retailer in Greater China, is looking to raise about $300 million to bankroll its expansion and has reached out to potential investors for the round, the people said. Lucky Ace was valued at about $800 million to $900 million in its last funding round, said the people, who asked not to be identified as the information is private.

Source link

Related Articles

Stay Connected

- Advertisement -spot_img

Latest Articles