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Luckin Coffee replaces chairman Charles Lu

Luckin Coffee has replaced co-founder and (now ex-) chairman Charles Zhengyao Lu, despite his efforts to maintain control over the troubled Beijing-based coffee chain. The company disclosed in an SEC

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Feature: Chinese American girl's English learning program expands global reach

Video: Two typical English classesJoy He Zhiya and her elder brotherteach online. (Joy He Zhiya's Family / Handout via Xinhua)The 10-year-old Chinese American girl is n

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China’s embattled Luckin Coffee adds lifestyle products to its menu

The Luckin saga continues as the Chinese coffee challenger seeks solutions to the undesirable consequences of a $310 million fraud. On Tuesday, the company announced sa

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Starbucks rival Luckin Coffee sacks CEO, COO after accounting scandal

Luckin Coffee, the Chinese homegrown rival to Starbucks, said Tuesday that it has sacked its CEO and COO following internal investigations into sales fraud.Qian Zhiya, the company's former chief exec

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What's behind Luckin Coffee's massive stock plunge?

Starbucks' Chinese competitor Luckin Coffee went through its darkest day as its shares dropped as much as 81 percent on Thursday after an internal investigation unveile