REUTERS/Jason Lee Luckin Coffee and DouYu, two Chinese start-ups that just filed for IPOs in the US, have a surprising amount in common for a coffee company and a video-game live-streaming platform. Both companies are growing fast, losing money, tapping into mushrooming markets, and taking on big US rivals. Luckin and DouYu are also targeting […]
2 China start-ups challenging Starbucks and Twitch are about to IPO in the US, and they have a surprising amount in common
REUTERS/Jason Lee Luckin Coffee and DouYu, two Chinese start-ups that just filed for IPOs in the US, have a surprising amount in common for a coffee company and a video-game live-streaming platform. Both companies are growing fast, losing money, tapping into mushrooming markets, and taking on big US rivals. Luckin and DouYu are also targeting […]