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Deals in brief: Beppo secures pre-seed funding, Y Combinator invests in Phonely, xAI completes Series B round, and more

Bringing you the latest updates on funding deals and activities in the Asia Pacific.

4 mins read
  • Luckin Coffee’s rapid expansion has positioned it as a dominant force in China’s coffee market, but at the cost of strained profit margins.

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    Luckin Coffee’s margins shrink amid expansion to outplay Starbucks

    4 mins read

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