LKNCY Heads For A Red Month: Luckin Coffee Turns To Singapore, Middle East To Fuel Expansion Beyond China

Luckin Coffee Inc. (LKNCY) is looking overseas for its next growth phase even as the shares head toward a monthly decline. The Chinese coffee chain has reached 100 stores in Singapore and is exploring a Middle East entry with Mubadala backing.Luckin Coffee stock traded up more than 3% overnight, ah…