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Butao Wang

Butao Wang

Retail, finance

Previously, an unconfirmed internal document of Luckin Coffee revealed the company’s mission that Luckin equals the combination of Starbucks, Seven-eleven, Costco and Amazon. The new move seems to be the implementation of the plan.
The coronavirus outbreak, unlike a structural crisis, has impacted the demand end. Therefore, consumption-related indicators will retreat. Are there any opportunities amid the downsides? What does the post-epidemic period look like?
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