Friday 19 April 2024
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Luckin Coffee

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

Desk3 -
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

Desk3 -
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

Desk3 -
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

Desk3 -
MILAN – Coffee futures traded in a thin range on Wednesday: the benchmark contract for March delivery moved between an intraday high and low...
Companies

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

Desk3 -
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

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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

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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

Desk3 -
BEIJING, China – Luckin Coffee Inc. (“Luckin Coffee” or the “Company”) (NASDAQ: LK), has announced the closing of the issuance of an additional 1.35...
Companies

Luckin Coffee announces pricing of US$400 mil convertible senior notes

Desk3 -
BEIJING, China — Luckin Coffee Inc. has announced the pricing of its previously announced offering (the “Notes Offering”) of US$400 million in aggregate principal...
Coffee Machines

Luckin announces smart unmanned retail strategy with Schaerer coffee machines

Desk3 -
BEIJING, China – Luckin Coffee Inc. (“Luckin Coffee” or “the Company”) announced in a strategy press conference that the Company is entering the unmanned...
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