Luckin

The Latest

  • CHINA ROUNDUP: Beijing Contains Second Wave Of Covid-19 Outbreak; Luckin Strife Continues
    Beijing COVID-19
    Beijing has contained a resurgence of COVID-19; at least one news report said Lu Zhengyao had been ousted as chairman of Luckin; and more China news.
  • Luckin Coffee Board Of Directors Proposes To Remove Its Chairman
    REMOVAL
    Luckin's board moves to eject Lu, adding to the fallout from an accounting scandal that jolted the one-time market favorite.
  • Starbucks China Faces A Challenge In Local Coffee Company
    Photo of a cup of coffee
    Starbucks' coffee chain monopoly in China is being challenged by a local company that is bent on surpassing everything that the foreign brand has done in the country so far.