One of China's most powerful regulators has raided the offices of Luckin Coffee after opening an investigation into the scandal-hit firm. The firm's shares slumped this month after it revealed ...

China's Luckin Coffee has sacked two of its top bosses after new evidence came to light about an accounting scandal. The firm said its chief executive and chief operating officer were fired after ...

Luckin aims to undercut Starbucks in the U.S. with low-priced coffee but lacks clear differentiation against other coffee chains. China's coffee market faces overcapacity, with aggressive store ...

Four years ago, Luckin Coffee was kicked off the Nasdaq after the buzzy Chinese coffee chain admitted that it had inflated its sales by over $300 million. The resulting scandal helped to spark a ...

Luckin Coffee (LKNCY) has released an update. Luckin Coffee’s third-quarter results for 2024 show a robust financial performance, with a 41.4% year-on-year revenue increase reaching over RMB10 ...

China’s largest coffee chain, Luckin Coffee LKNCY, is preparing to enter the U.S. market, aiming to challenge rivals, including Starbucks Corp. SBUX, with its low-cost beverages. This move ...

In China, Luckin Coffee’s store count hit a record high with over 2,340 net new stores opened in the first quarter of this year alone. The company now has 18,558 stores in China, of which 12,167 ...

Luckin Coffee (OTCPK:LKNCY) is planning to expand to the U.S., according to the Financial Times. Sources indicate the Chinese coffee chain will price drinks between $2 and $3 in a few cities with ...

View Luckin Coffee Inc. (LKNCY) current and estimated P/E ratio data provided by Seeking Alpha.

Luckin Coffee is planning to try its luck again in the US stock market after it fabricated sales and committed $300 million in accounting fraud almost two years ago. The Chinese coffee chain is ...