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Luckin coffee fraud falsified starbucks
Posted inHeavy Hitters

Luckin shares dip further despite refuting fraud claims

by Emma Lee Feb 4, 2020Mar 17, 2020

Luckin responded Monday to fraud allegations from an anonymous report publicized by short seller Muddy Waters on Friday.

Luckni Coffee China offline-to-online e-commerce Starbucks tech app
Posted inHeavy Hitters

Luckin Coffee testing self-service coffee machines

by Emma Lee Jun 14, 2019Mar 17, 2020

Users can locate the nearest coffee machine and place an order through the Luckin app.

Customers of Luckin Coffee wait in line to place their order at the counter in Pudong, Shanghai on April 4, 2019. (Image Credit: TechNode/Eugene Tang)
Posted inHeavy Hitters

Luckin reportedly seeking Ele.me tie-up for deliveries amid profit pressures

by Jill Shen May 8, 2019Jun 8, 2020

The news also immediately comes after a delivery partnership between Luckin and Meituan was announced in December 2018.

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  • SILICON | Why is China investigating the state-backed semiconductor “Big Fund”? Aug 12, 2022
  • SMIC generated $1.9 billion in revenue in 2022 Q2 Aug 12, 2022
  • Xiaomi launches a thinner foldable phone to compete with rivals Aug 12, 2022
  • Xiaomi to test self-driving vehicles in China: CEO Aug 12, 2022
  • Xpeng says more than 20,000 pre-orders received in 24 hours for its G9 SUV Aug 12, 2022
  • Dingdong Maicai reports adjusted net income for the first time in Q2 earnings Aug 12, 2022

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