China’s largest coffee chain, Luckin Coffee (OTC:LKNCY), is preparing to enter the U.S. market, aiming to challenge rivals, ...

Shares in Luckin Coffee have slumped after the company said one of its top executives and other employees had faked sales figures. The Chinese coffee chain has now suspended its chief operating ...

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 ...

Shuli Ren is a Bloomberg Opinion columnist covering Asian markets. A former investment banker, she was a markets reporter for Barron’s. She is a CFA charterholder. From China’s stock rout to ...

Luckin Coffee needed premiumisation and volume to boost profitability, as its earlier ¥9.90 strategy squeezed profit margins. By Q2 2023, Luckin had opened 10,000 stores, giving it scale and advantage ...

Short interest in Luckin Coffee Inc (OTC:LKNCY) increased during the last reporting period, rising from 5.35M to 5.58M. This put 2.48% of the company's publicly available shares short. Short ...