China’s Luckin Coffee to pay $180 million penalty to settle fraud case
People wearing face masks walk by a Luckin Coffee store on June 29, 2020 in Yichang, Hubei Province of China.…
Luckin Coffee asked to reverse boardroom changes after co-founder’s ouster, as China prepares to wield big stick for accounting fraud
Luckin Coffee, the coffee chain dubbed as China’s Starbucks, has been asked by some shareholders to reverse some of its…
China says to penalise Luckin Coffee for accounting fraud
BEIJING (Reuters) – Chinese regulators said they would penalise Luckin Coffee after confirming accounting fraud that has already forced the…