Ele.me is criticized for its treatment of the family of a deliveryman who died on the job. The US may ban American investors from Alibaba and Tencent.
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Posted inViews
Luckin fraud admission leaves more questions than answers
‘If there’s anything to be learned about Luckin Coffee, it’s that there’s always more than meets the eye.’ Luckin skeptic Michael Norris has more questions.
Posted inWith Chinese Characteristics
Luckin fraud may be out of Chinese regulator’s reach
Under the revised Securities Law of China, regulators may have some ability to investigate Luckin, which disclosed wide-scale sales revenue fraud.
Posted inHeavy Hitters
INSIGHTS | Is noodle chain the new blue ocean for China tech VCs?
Chinese-style noodle chain restaurants first became tech investor darlings in 2021 when the industry faced tightened regulation.
Posted inUp and Comers
Luckin tea rival brewing $400 million US IPO: report
Naixue’s Tea, one of China’s largest tea beverage chains, is reportedly looking to raise $400 million in a US IPO as early as this year.
Posted inUp and Comers
Luckin Coffee announces 2 new bids to raise cash
Luckin Coffee is offering a $400 million bond and issuing new shares less than a year after its Nasdaq IPO.
Posted inViews
INSIGHTS | What’s at stake in fight over delisting Chinese firms
Washington is threatening delisting for Chinese companies if they don’t comply with tighter audit rules. But there’s still room for a deal.
Posted inViews
Why it’s time to wake up and smell the coffee on Luckin
A web of CAR Inc and UCAR personnel, resources and investors are behind Luckin’s expansion.
Posted inHeavy Hitters
Nasdaq is helping China keep IPOs at home
Alarmed by the Luckin Coffee, scandal, Nasdaq moves to restrict IPOs by Chinese companies, effectively helping Beijing keep them at home.
Posted inHeavy Hitters
China Tech Investor: Ant Group is really big, and really confusing
Elliott and James try to get their minds around the Ant Group IPO, and the business behind what is likely to be the biggest IPO in history.
