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Luckin Coffee supporter Dajin Capital is reportedly in advanced negotiations to acquire Blue Bottle Coffee
According to sources, Dazhen Capital is in advanced negotiations to acquire Blue Bottle Coffee, a subsidiary of Nestlé. The sources said Dazhen Capital is finalizing the deal for this coffee roasting and retail company, although an agreement may be reached soon, it is not guaranteed. Dazhen Capital has not responded to requests for comment, and Nestlé declined to comment. (Cailian Press)