Guming Joins China's Tea Market Party With IPO Bid - Luckin Coffee (OTC:LKNCY)
Key Takeaways: As of the end of last year, Guming had 9,001 outlets nationwide, but all but six of the stores were franchised The company’s profits more than tripled to 990 million yuan in the first nine months of last year, mainly due to sharply reduced losses from fair-value changes By Fai Pui
Source: benzinga.com
