Luckin Coffee and Americana Group Sign Strategic Cooperation Agreement to Develop New Retail Coffee Business in the Greater Middle East and India
Luckin Coffee Inc. (LK)
Last luckin coffee inc. earnings: 11/13 06:00 am
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Source: GlobeNewswire
BEIJING, July 22, 2019 (GLOBE NEWSWIRE) -- Luckin Coffee Inc. (Luckin Coffee) (NASDAQ: LK) and Kuwait Food Company Americana K.S.C.C. (“Americana Group”), the largest integrated food product company in the Middle East, announced today that they have signed a Memorandum of Understanding (the “MoU”) under which the two companies plan to establish a joint venture to launch a new retail coffee business in the Greater Middle East and India. Photo: Luckin Cofee's Founder and CEO, Jenny Qian Zhiya (second on the left), Americana Group CEO Kesri Kapur (second on the right). Luckin Coffee’s technology-driven new retail model provides coffee and other products of high quality, high affordability, and high convenience to its customers. Americana Group has extensive experience as the largest integrated f
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