China’s largest coffee chain, Luckin Coffee (OTC:LKNCY), is preparing to enter the U.S. market, aiming to challenge rivals, ...
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 ...
Luckin Coffee's expansion into Hong Kong is unlikely to be a game changer due to strong local competition and lack of price advantage. Hong Kong's competitive coffee market, with established ...