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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.

tiktok national security US app bans
Posted inHeavy Hitters

TikTok eyes social shopping, Luckin bankruptcy: Retailheads

by Emma Lee Feb 10, 2021Feb 10, 2021

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.

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  • China’s Sichuan to cut power use to deal with heatwaves, hitting electronics factories Aug 17, 2022
  • Tencent Music Entertainment Group revenue decreased 13.8% Aug 17, 2022
  • Battery maker Sunwoda reportedly raises $1.2 billion in funding Aug 17, 2022
  • Xpeng Motors plans new ultra-fast 800-volt charging network Aug 17, 2022
  • Tencent plans to sell $24 billion stake in Meituan: report Aug 17, 2022
  • SAIC, Alibaba-backed ride-hailer Xiangdao Chuxing secures $150 million in Series B Aug 16, 2022

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  • China’s Sichuan to cut power use to deal with heatwaves, hitting electronics factories
  • SAIC, Alibaba-backed ride-hailer Xiangdao Chuxing secures $150 million in Series B
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