• Donate
  • NEWS
  • FEATURES
  • TOPICS
    • AI
    • TELECOMMUNICATIONS
    • CYBERSECURITY
    • E-COMMERCE AND NEW RETAIL
    • MOBILITY
    • CONTENT AND ENTERTAINMENT
    • BITCOIN AND BLOCKCHAIN
Skip to content
TechNode

TechNode

Latest news and trends about tech in China

Search results

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 fraud misconduct false sales
Posted inOn the Cusp

Luckin shares plunge 12% on second delisting warning

by Emma Lee Jun 24, 2020Jun 24, 2020

Embattled coffee chain Luckin disclosed that it had received a second delisting notice from Nasdaq, less than a month after the first.

luckin coffee starbucks fraud misconduct false sales
Posted inWith Chinese Characteristics

Luckin fraud may be out of Chinese regulator’s reach

by Wei Sheng Apr 3, 2020Apr 16, 2020

Under the revised Securities Law of China, regulators may have some ability to investigate Luckin, which disclosed wide-scale sales revenue fraud.

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.

Lu zhengyao Luckin charles chairman founder
Posted inOn the Cusp

Charles Lu is out at Luckin, but his influence may linger

by Emma Lee Jul 6, 2020Jul 7, 2020

The CEO, COO, and many other employees of China coffee chain Luckin Coffee have been fired after the company admitted to accounting fraud in April.

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.

Lu zhengyao Luckin charles chairman founder
Posted inOn the Cusp

Luckin’s Charles Lu survives first round of ouster

by Emma Lee Jul 3, 2020Jul 3, 2020

Charles Lu may still face a shareholder vote on to remove him as a director during an extraordinary general meeting to be held on Sunday.

Newsletter

Every Wednesday and Friday, TechNode’s Briefing newsletter delivers a roundup of the most important news in China tech, straight to your inbox.

Check out our previous newsletters.

Latest stories

  • 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

Popular articles

  • SILICON | Why is China investigating the state-backed semiconductor “Big Fund”?
  • Xiaomi launches a thinner foldable phone to compete with rivals
  • Xpeng says more than 20,000 pre-orders received in 24 hours for its G9 SUV
  • Top 5 Chinese LGBTQ apps in 2022
  • BYD supplies EV batteries to Tesla in Germany: report
  • Accident involving an Xpeng car leaves one dead in Ningbo

Post Types

< Clear Filters

Categories

Tags

< Clear Filters

Year

Sections

  • Data
  • Features
  • News
  • Video
  • Podcasts

About

  • About us
  • Join us
  • Write for us
  • Tips

TechNode Group

  • TechNode Global
  • TN Event Service

Editions

  • TechNode 中文
  • TechNode русский
  • TechNode Español

沪ICP备14046707号-4

© 2022 TechNode. Proudly powered by Newspack by Automattic Privacy Policy

This Site Uses Cookies

This site, like many others, uses small files called cookies to help us improve and customize your experience. Learn more about how we use cookies in our cookie policy.