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China's Luckin Coffee Debuts on the Nasdaq, Faces Off With Starbucks

Video Credit: Cheddar Inc. - Duration: 02:02s - Published < > Embed
China's Luckin Coffee Debuts on the Nasdaq, Faces Off With Starbucks

China's Luckin Coffee Debuts on the Nasdaq, Faces Off With Starbucks

Chinese company Luckin Coffee made its public debut on the Nasdaq at $25, 47 percent more than its earlier IPO price.

Many have compared Luckin to American coffee giant Starbucks, citing competition between the two in China.

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