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    Is Luckin Coffee's long-term growth story just getting started?

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  2. May 26, 2022 · Hong Kong (CNN Business) Luckin Coffee, the Chinese startup that became mired in a fraud scandal and was kicked off Wall Street two years ago, is making a comeback. The coffee chain on Tuesday...

    • 3 min
    • Michelle Toh
  3. Oct 26, 2021 · Luckin Coffee reached a $175 million settlement of shareholder class-action claims that the Chinese rival to Starbucks fraudulently inflated its share price by falsifying revenue.

  4. Apr 12, 2022 · In an improvement of fortunes for the coffee chain that was rocked by financial scandal in 2020, in March 2022, Luckin Coffee reported a 97.5% rise in annual revenues to RMB 7.8bn ($1.2bn). The technology-led coffee chain also recorded a significantly reduced operational loss of RMB 539m ($85m) for the year compared to RMB 2.6bn ($406m) in 2020.

  5. Mar 16, 2021 · BEIJING, March 16, 2021 (GLOBE NEWSWIRE) -- Luckin Coffee Inc. (in Provisional Liquidation) (“Luckin Coffee” or the “Company”) (OTC: LKNCY) today announced that it has entered into a ...

    • Luckin Coffee Inc.
  6. Aug 18, 2022 · In 2020, an internal probe discovered that Luckin Coffee's previous management fabricated roughly $300 million in 2019 sales. This bombshell finding sent investors rushing for the exits. And the...

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