MOD Pizza Obtains $160 Million In Equity Funding, While Luckin Coffee U.S. IPO Raises More Than $570 Million

Luckin Coffee, which has come from almost nowhere to challenge Starbucks coffee-shop leading position in China in the past two years, raised more than $570 million in an unusual cross-border initial public offering on the NASDAQ Stock Exchange in the U.S. RB: Luckin IPO. For a profile of Beijing-based Luckin’s CEO and founder, Jenny Zhiya…