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New details have emerged about an anonymous short seller report on Chinese coffee chain Luckin Coffee Inc, including the potential author and the methods used, The Wall Street Journal reported.The ...
Chinese coffee chain super-brand Luckin Coffee has been in the spotlight the past week after the company revealed in an SEC filing that it has undertaken an internal investigation into an alleged ...
Luckin Coffee Inc. (Chinese: 瑞幸咖啡; pinyin: Ruìxìng Kāfēi) is a Chinese coffee company and coffeehouse chain. It was founded in Beijing in 2017. It was founded in Beijing in 2017. As of March 2023 [update] , it managed 9,351 stores which include 6,310 self-operated stores and 3,041 partnership stores.
China's securities regulator said on Friday it would investigate claims of fraud at Luckin Coffee Inc <LK.O> and sources said some of the banks involved in the Chinese chain's successful U.S. IPO ...
The disclosure of the fraud by Luckin Coffee (NASDAQ: LK) has shaken the faith of investors in Chinese companies listed on United States exchanges, Citron Research founder Andrew Left told the ...
2020 has seen investors chase some strange stocks, but Luckin Coffee (OTCMKTS:LKNCY) might be at the top of the list. Luckin disclosed one of the most brazen frauds in history, leading its stock ...
Luckin Coffee terminated its CEO & COO following an internal fraud probe of annual sales. Yahoo Finance's Ines Ferre discusses.
Luckin, a major rival to Starbucks in China, revealed in April that much of its 2019 sales of about 2.2 billion yuan ($310.77 million) were fabricated by its COO and other employees, who had been ...