Luckin Coffee, flush with Persian Gulf cash, weighs entry into Middle East markets

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Luckin Coffee, flush with Persian Gulf cash, weighs entry into Middle East markets

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Luckin Coffee is considering expansion into Middle Eastern Gulf markets while continuing to grow its presence in Southeast Asia. The company is backed by sovereign wealth funds in both regions.

Luckin is weighing a push into Gulf markets while deepening its foothold in Southeast Asia, with backing from sovereign wealth funds in both regions.

World Markets Deals Luckin Coffee Middle East expansion Southeast Asia sovereign wealth funds market entry coffee retail

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