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Luckin coffee offline store
Posted inHeavy Hitters

Luckin Coffee files for bankruptcy in the US

by Carolyn Surh Feb 6, 2021Feb 10, 2021

Leadership tumult at Luckin appears to be ongoing even as it moves forward with new business developments, including inviting franchise partners.

Luckin coffee fraud falsified starbucks
Posted inHeavy Hitters

Luckin Coffee admits to sales fraud

by Emma Lee Apr 3, 2020May 2, 2020

Luckin confirms sales fraud, two months after doubts about the disclosure accuracy by the Chinese Starbucks rival.

luckin coffee starbucks vending machine fraud privacy apps
Posted inHeavy Hitters

Luckin may face shareholder fraud lawsuit

by Emma Lee Mar 6, 2020Mar 17, 2020

Luckin is being investigated in the US for defrauding investors amid pressing concerns to recoup a dropoff in sales as a result of Covid-19.

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  • Li Auto says vehicle battery not at fault in Sichuan fire Aug 5, 2022
  • Meet the Chinese carmakers racing to get a larger share of the global markets Aug 5, 2022
  • Tesla will start using manganese batteries for its China-built Model Y: report Aug 5, 2022
  • Nio registers new company for smartphone business Aug 5, 2022
  • Jobs platform Boss Zhipin to potentially cut workforce by 10% every six months: report Aug 5, 2022
  • Tencent Comics appoints new head from China Literature subsidiary: report Aug 5, 2022

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  • Meet the Chinese carmakers racing to get a larger share of the global markets
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  • Chinese companies on the Fortune Global 500 list contribute more revenue than US companies for the first time
  • Top 5 Chinese LGBT apps in 2017
  • Top 5 Chinese LGBTQ apps in 2022
  • Tencent wants more shares in AAA game developer Ubisoft: report

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