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Luckin Coffee is betting that there is room for two giant coffee retail chains in China.
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Luckin Coffee is yet another IPO with a fiery entrance to the market on Friday. Shares entered the market well above the original pricing of $17 apiece.
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Chinese company Luckin Coffee intends to price 33 million shares for an initial public offering valued at roughly $645 million.
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Alibaba released better than expected fiscal fourth-quarter financial results before the markets opened on Wednesday.
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Alibaba is scheduled to release its most recent quarterly results before the markets open on Wednesday, and analysts are looking for strong year-over-year growth.
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Independent local restaurants typically record only 45 transactions a day at an average of $28 each ($1,260 total), according to a new study of 2018 data from more than 42,000 restaurants around the...
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Uber Technologies shares continued to take a loss on Monday after an underwhelming initial public offering on Friday.
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In some parts of America, the restaurant business seems to be positively thriving, and it can be difficult to get a table even at some of the most expensive restaurants in the country — places...
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Amazon announced early on Monday that it will expand its Delivery Service Partner program in the United States with a new incentive for current Amazon employees to start a small business owning and...
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Starbucks recalled a coffee maker, and the maker of the maker has sued. Starbucks called the suit "baseless" but a court will decide the matter.
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Uber Technologies snuck into the market Friday with its initial public offering (IPO).
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Match shares soared on Wednesday in the wake of a better than expected first-quarter report.
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TripAdvisor reported mixed first-quarter financial results after the markets closed on Tuesday, and shares retreated on Wednesday.
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Some of Uber's founders and investors will make hundreds of millions of dollars as the company goes public. Some of its drivers will strike to protest their low pay.
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Lyft released its most recent quarterly results after the markets closed on Tuesday.
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