China's Luckin Coffee forms JV with Middle Eastern partner

Starbucks challenger also wants to open stores in India

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A barista delivers a coffee to a customer at a Luckin Coffee store in Beijing, China. © Reuters

NIKKI SUN, Nikkei staff writer

HONG KONG -- Chinese coffee chain Luckin, which raised $510 million in a Nasdaq listing in May, has teamed up with a Middle Eastern partner to launch the business beyond China.

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