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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 starbucks
Posted inOn the Cusp

Luckin apologizes to staff after month-long fraud tumult 

by Emma Lee May 13, 2020May 13, 2020

Luckin apologized to its employees for the upheaval following its fraud admission in early April, and on the same day removed its CEO and COO.

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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Latest stories

  • SAIC, Alibaba-backed ride-hailer Xiangdao Chuxing secures $150 million in Series B Aug 16, 2022
  • Blizzard and NetEase’s Diablo Immortal hits $100 million in overseas revenue Aug 16, 2022
  • UNISOC to launch its second generation 5G chip as soon as 2022 H2 Aug 16, 2022
  • Li Auto losses increase sharply as revenue slumps in Q2 results Aug 16, 2022
  • Wuling launches an affordable electric car in Indonesia Aug 15, 2022
  • Tencent Cloud powers Douyu-backed livestreaming platform Mildom in Japan Aug 15, 2022

Popular articles

  • The US barrs China from accessing advanced chipmaking EDA software
  • Wuling launches an affordable electric car in Indonesia
  • Blizzard and NetEase’s Diablo Immortal hits $100 million in overseas revenue
  • SILICON | Why is China investigating the state-backed semiconductor “Big Fund”?
  • Tencent Cloud powers Douyu-backed livestreaming platform Mildom in Japan
  • UNISOC to launch its second generation 5G chip as soon as 2022 H2

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