{"href":"https://api.simplecast.com/oembed?url=https%3A%2F%2Fchinatechinvestor.simplecast.com%2Fepisodes%2F23-is-luckin-coffee-a-real-business-cPMajjL6","width":444,"version":"1.0","type":"rich","title":"23: Is Luckin Coffee a real business?","thumbnail_width":300,"thumbnail_url":"https://image.simplecastcdn.com/images/178fdf/178fdf7c-1c2f-4dad-bb18-5f15cb0d2973/df5b67a1-a33f-46b2-830e-acb29a82d1dc/14459171550132579065db5196a40cf6.jpg","thumbnail_height":300,"provider_url":"https://simplecast.com","provider_name":"Simplecast","html":"<iframe src=\"https://player.simplecast.com/df5b67a1-a33f-46b2-830e-acb29a82d1dc\" height=\"200\" width=\"100%\" title=\"23: Is Luckin Coffee a real business?\" frameborder=\"0\" scrolling=\"no\"></iframe>","height":200,"description":"In this episode of the China Tech Investor Podcast powered by TechNode, our hosts welcome back Technode contributor Michael Norris to discuss the IPO of Luckin Coffee. \nLuckin is hardly free of controversy. From a CMO who spent time in prison to a rapid expansion financed by an equally rapid cash burn, there are a lot of reasons for skepticism. However, their upside is still bound to draw the attention from investors who don’t want to miss out on what could very well be Starbucks’ most formidable competitor in China.\nRead Michael’s previous work on Luckin:\nWhy it’s time to wake up and smell the coffee on Luckin\nFrom jail to java: How Luckin’s CMO is hacking China’s coffee market\nLuckin may not last, but its model will \nAs well as TechNode Editor-in-Chief's analysis of their IPO:\nIs Luckin’s rushed IPO a path to sustainability or a pig in a poke?\nAt the beginning of the episode, James and Ell briefly discuss UXIN’s response to the damning accusations levied against them by Anne Stevenson-Yang and J Capital Research. Anne discussed her report on episode 22 of the podcast, and also issued a rebuttal to UXIN’s response. Listeners can read, and decide for themselves\nPlease note, the hosts may have interest in some of the stocks discussed. The discussion should not be construed as investment advice or a solicitation of services.\nWatchlist:\n\n Tencent\n Alibaba\n  Baidu\n  iQiyi\n  Xiaomi\n  JD.com\n  Pinduoduo\n  Meituan-Dianping\n\nGuest:\n\n  Michael Norris\n\nHosts:\n\n  Elliott Zaagman – @elliottzaagman\n  James Hull – @jameshullx\n\nPodcast information:\n\n  Spotify\n  iTunes\n  RSS Feed\n  Music: “Hey Ho” by Steve Jackson, Royalty Free Music\n"}