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
Editor's note: Chen Jiahe is chief investment officer at Novem Arcae Technologies. The article reflects the author's opinions, and not necessarily the views of CGTN. Luckin Coffee investors have r
Sometimes you can’t just get a [L]uckin’ break.After announcing this morning that it is ending its fight to stay listed on Nasdaq, China-based coffee chain and delivery
It was one of the fastest growing startups in modern history and one of the most anticipated IPOs of 2019. But now, following the company’s disclosure of a potential fraud of hundreds of millions of d
It’s the company that just can’t catch a break!In a new SEC filing this morning Luckin Coffee, the embattled China-based and American-listed coffee chain that has becom
(Cover: VCG) Charles Lu Zhengyao, founder of China's car rental company CAR Inc., has resigned as the chairman of the board and a non-executive director of the firm with effect from Tuesday (J
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 in
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
简体中文
