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Jan 31, 2020 · Shares of Luckin Coffee, fall on an unconfirmed report from a short seller at Muddy Waters Research that the brand was fabricating its financial and operating figures.
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May 20, 2020 · NEW YORK (BLOOMBERG) - Luckin Coffee Inc's battered stock faces a renewed wave of selling on Wednesday (May 20), after Nasdaq said it planned to delist the onetime market darling that shocked...
Shares in Luckin crashed more than 70 per cent on Thursday after it disclosed that an internal investigation had uncovered Rmb2.2bn ($310m) in fabricated transactions.
Luckin Coffee Inc. Announces First Quarter 2024 Financial Results. First Quarter Net Revenues Increased 41.5% to RMB6,278.1 Million Average Monthly Transacting Customers Increased 103.2% Compared...
Apr 5, 2020 · Luckin Coffee on Sunday apologised and pledged to strengthen controls after an internal investigation found hundreds of millions of dollars of alleged fake sales last year, wiping about 75 per...
Apr 2, 2020 · On Thursday, shares of China-based coffee chain Luckin' Coffee (LK) plunhed after it disclosed an internal investigation that found that its COO, Jian Liu, fabked 2019 sales numbers.
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May 28, 2020 · Behind the Fall of China’s Luckin Coffee: a Network of Fake Buyers and a Fictitious Employee. The highflying Chinese tech darling soared in value before admitting to revenue fabrication....
