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 ...
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 ...
like matcha and coconut, and others you wouldn't, like "Big Cheese," watermelon, and "Yuanyang" — a coffee-and-tea combination that originates in Hong Kong. To me, Luckin seemed like less of a ...
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 ...