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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.

luckin coffee starbucks vending machine fraud privacy apps
Posted inUp and Comers

Luckin raises $865 million in post-IPO offering

by Emma Lee Jan 20, 2020Mar 16, 2020

Luckin looks to fund its aggressive growth tactics including a vending machine initiative, and expansion into other consumables and overseas markets.

Naixue's Tea
Posted inUp and Comers

Luckin tea rival brewing $400 million US IPO: report

by Emma Lee Feb 27, 2020Mar 17, 2020

Naixue’s Tea, one of China’s largest tea beverage chains, is reportedly looking to raise $400 million in a US IPO as early as this year.

luckin coffee starbucks vending machine fraud privacy apps
Posted inUp and Comers

Luckin Coffee announces 2 new bids to raise cash

by Eliza Gkritsi Jan 8, 2020Mar 16, 2020

Luckin Coffee is offering a $400 million bond and issuing new shares less than a year after its Nasdaq IPO.

alibaba tmall e-commerce antitrust regulation pinduoduo
Posted inUp and Comers

Alibaba ups logistics stake, coffee war, livestream apps battle for shoppers: Retailheads

by Emma Lee Sep 9, 2020Sep 29, 2020

Alibaba raises its bet in the logistics industry, China’s coffee war continues to brew, Bytedance adds a crucial piece to its e-commerce puzzle.

China startups tech technology VC Roundup
Posted inThe Numbers

VC roundup: China’s little funding ice age

by Wei Sheng Jun 4, 2020Jun 4, 2020

Covid-19 hit the VC market while it was down. But there’s one bright spot for startups—new rules on mainland exchanges are powering a wave of domestic IPOs.

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Latest stories

  • TuSimple’s engineering VP has left the company: report Jul 6, 2022
  • US politicians call for investigation into TikTok over data security Jul 6, 2022
  • Xiaomi starts phone production in Vietnam Jul 6, 2022
  • Vivo latest Chinese firm to face investigations in India Jul 6, 2022
  • Huawei-backed Aito sees 10,000 pre-orders in 2 hours for the new M7 model Jul 5, 2022
  • Geely chairman’s phone business eyes high-end market: executive Jul 5, 2022

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  • TuSimple’s engineering VP has left the company: report
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