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 ...

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 ...

A close up of a barista pouring freshly made coffee to a happy customer in a cafe. Number of Hedge Fund Holders: N/A Luckin Coffee Inc. (OTC:LKNCY) is a Chinese coffee company headquartered in Xiamen.

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 ...

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 ...