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Luckin, which already calls itself China’s biggest coffee chain, says it had surpassed Starbucks in mainland China by number of outlets in 2019. The surge in Luckin’s sales last year was ...
Disgraced Chinese coffeeshop chain Luckin Coffee (OTCMKTS:LKNCY) has been on a negative streak of late after filing for a Chapter 15 bankruptcy protection. The downside seems priced in, though, as ...
Luckin Coffee was booted off the Nasdaq in 2020 after an accounting scandal. It may be on its way back to the U.S.
[Editor's note: This story was written prior to the news that Luckin Coffee allegedly fabricated its sales. Given these allegations, all investors should approach this stock with great caution ...
(Bloomberg Opinion) -- Investors in Luckin Coffee Inc., China’s upstart rival to Starbucks Corp., should have seen this coming.Luckin shares plunged as much as 81% in U.S. trading Thursday after ...
Luckin Coffee (OTCMKTS:LKNCY) will go down as one of 2020’s more sobering investing stories. In a crazy year where just about everything crashed and then subsequently recovered, Luckin Coffee ...
Luckin Coffee has the following to say about the bankruptcy in a news release.InvestorPlace - Stock Market News, Stock Advice & Trading Tips “The Company is negotiating with its stakeholders ...
Marketing was far and away Luckin Coffee’s top operating expense as a company in 2018, according to its IPO filing submitted to the SEC on Monday. The Chinese startup, already regarded as ...