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Ruixing Coffee seeks new financing, plans to raise $200 million to $300 million or IPO?

Published: 2026-04-28 Author: World Gafei

Last Updated: 2026/04/28, Just now, Sina U.S. stock sources said, According to foreign media reports, Ruixing coffee is planning a new round of 200 million to 300 million US dollars financing, The company valuation to 1.5 billion to 2 billion US dollars. After Series A financing, Ruixing Coffee is expanding all over China at an alarming speed. The opening speed exceeds the sky, and the opening plan at the end of this year is aggressively set at 2000 stores nationwide.

Just now, Sina US stock sources said that according to foreign media reports, Luckin Coffee is planning a new round of financing of $200m to $300m, raising the company's valuation to $1.5 billion to $2 billion.

After the A round of financing, Luckin Coffee expanded across China at an alarming rate, opening stores at a breakneck pace, and the store opening plan for the end of this year is radically set for 2000 stores across the country. Based on the data of 1400 stores opened in 10 months, Luckin Coffee opened an average of 4.6 stores a day, covering 21 cities across the country.

July 11, Luckin Coffee (luckin coffee) official news, Luckin Coffee announced the completion of round A financing of $200m, the completion of the investment is expected to be valued at $1 billion. The father of Luckin Coffee, the financier of large sums of money, finally came from Dawei Capital, Happy Capital, GIC (GIC) and Junlian Capital.

Access to round A financing, almost all the media said that Luckin Coffee luckin became a "unicorn" company. In the recent Hurun unicorn ranking, Hurun Research Institute released the "Hurun Greater China Unicorn Index in the third quarter of 2018" and found 34 new unicorns. Among the new companies on the list, Luckin Coffee was founded less than one year ago and is valued at 7 billion. It is the youngest new unicorn on the list. It is worth watching that the financiers of round A come from investors including GIC (GIC).

[GIC] (Government of Singapore Investment Corp. Abbreviated as GIC)

Founded on May 22, 1981, it was personally chaired by Lee Kuan Yew. It is the largest international investment institution in Singapore and is responsible for managing most of the overseas assets of the Singapore government. The current group president is Lin Xiangyuan, and World Bank President James Wolfensohn has been invited to serve as an GIC consultant.

GIC joined Chinese mainland in 1995 and is one of the initiating shareholders of China International Capital Corporation. In January 2004, GIC bought a major stake in Taiwan's Apple Daily. Last year's key investment areas were transportation, real estate and energy.

According to foreign media reports, Luckin Coffee is in talks with potential investors to raise $200m to $300m.

Luckin Coffee has begun early discussions with investment banks on an overseas initial public offering (IPO), most likely in Hong Kong or New York.

We can see from the heavenly eyes that Luckin Coffee has registered Luckin Coffee (Hong Kong) Co., Ltd.

Luckin Coffee's next wave of operation is to go public?

Crazy store opening, subsidies, marketing, behind all need the support of capital, Qian Zhiya said in an interview with the media, said that has been prepared for long-term losses, coupled with Tencent's entry, traffic and digitization so that lucky has more room for imagination, foreign media said that Ruixing planned to go public, is not impossible, Luckin declined to comment on financing or listing plans Will it be, as founder Qian Zhiya said, "everything is under our control".

Under the new retail trend, Internet coffee brands are competing for the size of the trillion Chinese coffee market. Luckin Coffee's dream is to challenge Starbucks. If Starbucks is successfully listed, can Starbucks be killed?

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