• 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

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 inOn the Cusp

INSIGHTS | Luckin—out of luck

by David Cohen and Emma Lee Apr 6, 2020Apr 27, 2020

The Olympics may have been delayed, but we saw a gold medal dive from Luckin Coffee’s shares. Its fraud is a cautionary tale—but about what?

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 inHeavy Hitters

Luckin faces effort to delist company from Nasdaq

by John Artman May 19, 2020May 19, 2020

Luckin may be kicked off Nasdaq over fraud admission as board seeks to rein in shady listings. Delisting would put Luckin in the company of penny stocks.

Posted inHeavy Hitters

Luckin: The writing was on the wall with Michael Norris

by James Hull and Elliott Zaagman Apr 7, 2020May 7, 2020

Michael, and the hosts, have been bearish on Luckin for quite some time.

luckin coffee starbucks vending machine fraud privacy apps
Posted inHeavy Hitters

Luckin CEO loses ‘significant’ voting rights after loan default

by Emma Lee Apr 7, 2020Apr 9, 2020

The default followed almost immediately after Luckin disclosed that its head of operations had fabricated billions of RMB worth of sales for most of 2019.

mobility china wuhan covid-19 luckin coffee car inc saic ride-hailing
Posted inHeavy Hitters

China’s SAIC to take over Luckin founder’s car business

by Jill Shen Jul 3, 2020Jul 3, 2020

If the deal proceeds, Luckin founder Charles Lu and his family will receive up to HK$1.37 billion, likely to be put toward the company’s cash crunch.

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.

Posted inWith Chinese Characteristics

CHINA VOICES | China reflects on Luckin: ‘Expert research’ and the 2VC model

by Jordan Schneider Apr 14, 2020May 7, 2020

Luckin’s impending implosion has led to a lot of soul-searching with many questioning the environment that allowed Luckin to thrive.

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

  • China drafts national guidelines for commercial driverless robotaxis Aug 9, 2022
  • Oppo and OnePlus halt sales in Germany after losing Nokia lawsuit Aug 9, 2022
  • China’s passenger EV sales to reach 6 million units in 2022: industry group Aug 9, 2022
  • Auto chipmaker Black Sesame completes series C+, takes funding to $500 million Aug 9, 2022
  • India to limit Chinese firms from selling low-end phones Aug 9, 2022
  • Huawei’s auto partner Changan to begin Avatr 11 deliveries in December Aug 9, 2022

Popular articles

  • Shein surpasses Amazon in downloads for the first time in the US
  • TSMC breaks ground on new factory in Kaohsiung for 7nm and 28nm chips
  • Tesla will start using manganese batteries for its China-built Model Y: report
  • Huawei-backed Aito sees 10,000 pre-orders in 2 hours for the new M7 model
  • China’s passenger EV sales to reach 6 million units in 2022: industry group
  • Oppo and OnePlus halt sales in Germany after losing Nokia lawsuit

Post Types

< Clear Filters

Categories

< Clear Filters

Tags

< Clear Filters

Year

< Clear Filters

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.