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Luckin Coffee

Goldman Sachs: Enforcement on up to 76,350,094 ADSs of Luckin Coffee Inc

NEW YORK, U.S. – Following the occurrence of a default by Haode Investment Inc. (the “Borrower”), a shareholder of Luckin Coffee Inc. (the “Company”)...

Luckin Coffee apologizes for sales fraud, says stores remain open as usual

MILAN – Luckin Coffee apologized Sunday regarding the fallout from its sales fraud on Monday, and its senior executives involved in the incident have...

Luckin Coffee shares plunge over 75% after investigation finds COO fabricated sales

MILAN – Luckin Coffee Inc. shares sank over 75% in Thursday trading after an internal investigation found that its chief operating officer fabricated 2019...

Luckin Coffee announces appointments of two Independent Directors

BEIJING, People’s Republic of China – Luckin Coffee Inc. (“Luckin Coffee” or the “Company”), a pioneer of a technology-driven new retail model to provide...

Luckin Coffee Analyst still confident to reach the company’s key targets

MILAN – Luckin Coffee Inc discussed concerns surrounding the Coronavirus outbreak's effect on its business in a conference call with analysts last week. The...

Coffee futures have been caught up in the coronavirus sell-off, says the Financial Times

MILAN – Coffee futures traded in a thin range on Wednesday: the benchmark contract for March delivery moved between an intraday high and low...

Here is why Luckin Coffee and Starbucks are not direct rivals in China

MILAN — Shares of Luckin Coffee recovered slightly on Wednesday closing at 36.310, after losing more than a quarter of their market value due...

Luckin Coffee responds to allegations contained in an anonymous report

BEIJING, China – Luckin Coffee Inc. yesterday issued the following responses to the allegations contained in an anonymous report (the “Report”), which was made...

Coronavirus outbreak may undermine Luckin’s growth prospects in China

MILAN – Luckin Coffee's stock has fallen as much as 24% from a peak of over $50 reached in mid-January amid concerns that the...

Luckin Coffee announces closing of the issuance of an additional 1.35 million ADSs

BEIJING, China – Luckin Coffee Inc. (“Luckin Coffee” or the “Company”) (NASDAQ: LK), has announced the closing of the issuance of an additional 1.35...

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