Both analysts gave luckin stock “overweight” rating.
Hellobike now operates in more than 360 Chinese cities and supports more than 20 million daily trips.
Uxin said that the report reflects a general misunderstanding of Uxin’s business model and China’s used car industry.
Luckin aims to facilitate a coffee consumption culture among the Chinese market.
J Capital has a history of accusing US-listed Chinese companies.
Counting the 22 cities in which luckin opened coffee shops last year, the coffee chain is expected to operate in a total of 40 cities nationwide this year.
Uxin recognizes great growth potential in its 2C business, especially in cross-regional transactions.
Schakel has a deep understanding of the long-term growth trends in China’s new retail market.
The company’s strong 2C business is driving its revenue growth.
Ariel Meilich, CEO of the platform, explains what they do and how different they are from other VR and blockchain startups.