Lawyer of these Luckin investors said it is the first time investors have tried to hold a company accountable in China for fraud perpetrated on US markets.
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Posted inTurf Wars
Luckin launching juice business in China with European partner, LDC
The coffee upstart is expanding aggressively across product categories and markets.
Posted inTurf Wars
Luckin Coffee eyes markets in Middle East and India with Americana partnership
Luckin’s expansion to the Middle East and India extend its competition with Starbucks to more markets.
Posted inUp and Comers
Briefing: Luckin rival Coffee Box closes up to 40% of stores
Coffee Box seeks to regain profitability amidst heightened competition and a cooling capital market.
Posted inHeavy Hitters
Briefing: Luckin Coffee to expand to additional 18 tier-2 cities by April
Coffee competition expands to second-and third-tier cities in China.
Posted inUp and Comers
Coffee startup Luckin to extend discount drive despite losses
Subsidies play a key role in the coffee company’s plan to seize the Chinese market.
Posted inHeavy Hitters
China Tech Talk 81: The new new retail with Michael Norris
Michael Norris, research and strategy manager at AgencyChina, joins the podcast to look how Alibaba is dominating new retail in 2019.
Posted inViews
CHINA VOICES | The rise of China’s cheese tea pioneer
HeyTea is well-positioned to hold its own in China’s beverage sector amid competition from Starbucks and Luckin.
