Chinese beverage chain Luckin Coffee released its unaudited financial report for the first half of 2021, posting doubled revenue.
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Posted inHeavy Hitters
Luckin Coffee files for bankruptcy in the US
Leadership tumult at Luckin appears to be ongoing even as it moves forward with new business developments, including inviting franchise partners.
Posted inUp and Comers
Luckin Coffee reaches $187.5 million settlement deal with investors
Luckin Coffee is striving for a business turnaround and repairing its image after the April 2020 fraud scandal.
Posted inOn the Cusp
Luckin updates 2019 financials in first filing since it admitted fraud
The financial update indicates Luckin Coffee is taking the first step back to normalcy as it prepares for a comeback.
Posted inHeavy Hitters
TikTok eyes social shopping, Luckin bankruptcy: Retailheads
TikTok is planning to roll out a livestream shopping feature, coffee chain Luckin filed for bankruptcy in the US, Vipshop.com is fined RMB 3 million.
