Thursday 27 March 2025
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Luckin Coffee

Companies

Luckin Coffee investigation initiated by former Louisiana Attorney General

Desk3 -
NEW ORLEANS, U.S. — Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick &...

Luckin Coffee gets a boost from its fans in China despite alleged sales fraud

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MILAN - Luckin Coffee Chairman Charles Zhengyao Lu and Chief Executive Jenny Zhiya Qian have handed over shares in the Chinese coffee chain to...
Market & Trade

Goldman Sachs: Enforcement on up to 76,350,094 ADSs of Luckin Coffee Inc

Desk3 -
NEW YORK, U.S. – Following the occurrence of a default by Haode Investment Inc. (the “Borrower”), a shareholder of Luckin Coffee Inc. (the “Company”)...
Companies

Luckin Coffee apologizes for sales fraud, says stores remain open as usual

Desk3 -
MILAN – Luckin Coffee apologized Sunday regarding the fallout from its sales fraud on Monday, and its senior executives involved in the incident have...

Luckin Coffee shares plunge over 75% after investigation finds COO fabricated sales

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MILAN – Luckin Coffee Inc. shares sank over 75% in Thursday trading after an internal investigation found that its chief operating officer fabricated 2019...

Luckin Coffee announces appointments of two Independent Directors

Desk3 -
BEIJING, People’s Republic of China – Luckin Coffee Inc. (“Luckin Coffee” or the “Company”), a pioneer of a technology-driven new retail model to provide...

Luckin Coffee Analyst still confident to reach the company’s key targets

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MILAN – Luckin Coffee Inc discussed concerns surrounding the Coronavirus outbreak's effect on its business in a conference call with analysts last week. The...

Coffee futures have been caught up in the coronavirus sell-off, says the Financial Times

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MILAN – Coffee futures traded in a thin range on Wednesday: the benchmark contract for March delivery moved between an intraday high and low...
Companies

Here is why Luckin Coffee and Starbucks are not direct rivals in China

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MILAN — Shares of Luckin Coffee recovered slightly on Wednesday closing at 36.310, after losing more than a quarter of their market value due...

Luckin Coffee responds to allegations contained in an anonymous report

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BEIJING, China – Luckin Coffee Inc. yesterday issued the following responses to the allegations contained in an anonymous report (the “Report”), which was made...
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