Starbucks' Chinese Rival Luckin Coffee Plans US Comeback With $2 Drinks After Fraud Scandal That Led To Its Nasdaq Delisting: Report
The company has been running advertisements during NBA games to build name recognition ahead of its planned launch. Luckin ...
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Luckin Coffee beat Starbucks in China. It’s now taking its playbook overseas to markets like Malaysia
The Chinese coffee giant opened two new stores in Kuala Lumpur, Malaysia’s capital city, on Thursday. It’s Luckin’s second international market after Singapore. Luckin is entering Malaysia ...
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China’s Luckin Coffee to pay $180 million fine in fraud case
China’s Luckin Coffee has agreed to pay a $180 million penalty to settle accounting fraud charges, the Securities and Exchange Commission says. The SEC charged the company with defrauding ...