Luckin Coffee
The Latest
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Luckin Coffee Faces Scrutiny Over Employee Hand-Washing Practices and Skin Damage
Based on an 8-hour workday, an employee is required to wash their hands at least eight times, clean the wiping cloth 22 times, and come into contact with disinfectant 22 times. This frequent hand-washing and exposure to disinfectants have led to rough and cracked skin among some Luckin store employees. 
Based on an 8-hour workday, an employee is required to wash their hands at least eight times, clean the wiping cloth 22 times, and come into contact with disinfectant 22 times. This frequent hand-washing and exposure to disinfectants have led to rough and cracked skin among some Luckin store employees. -
Starbucks China Pumps Up Prices For A Range Of Beverages
Tim Horton's also increased the pricing of nine different beverages. 
Tim Horton's also increased the pricing of nine different beverages. -
New Internal Conflict Brewing At Troubled Luckin Coffee
A joint letter to the board of directors and big shareholders seeks the removal of the current chief executive and chairperson. 
A joint letter to the board of directors and big shareholders seeks the removal of the current chief executive and chairperson. -
3 CEOs Forced Out Of Their Posts This Year
From CrossFit to Luckin Coffee, some companies just couldn’t keep their CEOs during a pandemic-hit business year. 
From CrossFit to Luckin Coffee, some companies just couldn’t keep their CEOs during a pandemic-hit business year. -
Luckin Coffee To Pay $180 Million To Settle SEC Probe
The $180 Million settlement will end the SEC's probe into Luckin Coffee's alleged accounting fraud. The $180 Million settlement will end the SEC's probe into Luckin Coffee's alleged accounting fraud. -
Luckin’s Titanic Fraud Fine Tip Of Iceberg Only, Experts Say
The coffee company now faces even heftier fines in the U.S. after being caught in a $300 million accounting scam. 
The coffee company now faces even heftier fines in the U.S. after being caught in a $300 million accounting scam. -
Mourning Joe: Costa Coffee Says Goodbye To More China Cafes In Cost-Cutting
After closing 40 outlets in China in August Costa Coffee will shut even more through January 2021 thanks to the economic downturn. 
After closing 40 outlets in China in August Costa Coffee will shut even more through January 2021 thanks to the economic downturn. -
CHINA BRIEFING: Tencent Offers Online Mutual Fund Investing; Universal Studios Beijing Opening Date Set
Tencent's investment advisory service, "Invest Together" is available via the WeChat platform. 
Tencent's investment advisory service, "Invest Together" is available via the WeChat platform. -
CHINA BRIEFING: Luckin Board Faces More Churn; Wanda Media Loses $224 Million In H1
Two newly appointed members of Luckin's board have already resigned from the fraud-wracked company. 
Two newly appointed members of Luckin's board have already resigned from the fraud-wracked company. -
China Says Class Actions Can Deter Illegal Corporate Activity, Bolster Country's Commercial Reputation
Policy change aimed at better protection of investor rights and increasing changes made to country's capital markets. 
Policy change aimed at better protection of investor rights and increasing changes made to country's capital markets.
