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Luckin Earnings: How China Does Coffee

Luckin Coffee reported a smaller than expected quarterly net loss and surging revenue before the markets opened on Wednesday......»»

Category: blogSource: 247wallstNov 13th, 2019

Starbucks posts strong results as China rival Luckin Coffee"s IPO looms

The earnings beat came days after Luckin filed for its initial public offering in a bid to raise $100 million......»»

Category: topSource: foxnewsApr 25th, 2019

Luckin Coffee stock plunges after disclosing it received another delisting notice

Shares of Luckin Coffee Inc. plunged 17% in premarket trading Tuesday, after the China-based coffee seller disclos.....»»

Category: topSource: marketwatchJun 23rd, 2020

Luckin Coffee says "actively cooperating" with China regulator probe

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallApr 27th, 2020

Luckin Coffee being investigated by China"s top regulator, WSJ reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallApr 27th, 2020

Scrutiny mounts on China"s Luckin Coffee as market regulator inspects

China's top market regulator has launched an inspection into Luckin Coffee , joining the country's securities watchdog in doing so as the coffee chain comes under scrutiny for fabricating millions of dollars worth of sales deals......»»

Category: topSource: reutersApr 27th, 2020

"The Netflix Of China" Inflating Numbers Since Before IPO, Short Seller That Warned Against Luckin Coffee Says

Chinese video-on-demand service company iQIYI Inc. (NASDAQ: IQ) has been fudging user numbers since before its initial public offering in 2018 in New York, and has continued to do so, short seller Wolfpack Research said in a report Tu read more.....»»

Category: blogSource: benzingaApr 8th, 2020

Starbucks of China could soon be de-listed over fraud allegations

Shares of Luckin Coffee Inc (NASDAQ:LK) were halted today for pending news. At the time of this writing, the stock had not resumed trading, and... The post Sta.....»»

Category: blogSource: valuewalkApr 7th, 2020

Demand for Luckin app surges as Chinese rush to drink up after admission of fraud

Luckin Coffee's app has rocketed to become the second most popular in China as consumers rushed to claim a free drink that it has long offered for downloading, worried the chain might collapse after it said much of its sales last year were fabricated......»»

Category: topSource: reutersApr 7th, 2020

China"s Ucar, in which Luckin chairman is top shareholder, halts shares

China's Ucar Inc, in which Luckin Coffee Chairman Charles Zhengyao Lu is the biggest shareholder, suspended trading of its shares on Tuesday after regulators questioned the car service provider about how the alleged fraud at Luckin would impact it......»»

Category: topSource: reutersApr 7th, 2020

China Securities Regulator To Probe Luckin Coffee

The People's Republic of China securities regulator said Friday that it will investigate Luckin Coffee Inc.'s (NASDAQ: LK) finances, as read more.....»»

Category: blogSource: benzingaApr 3rd, 2020

China probes alleged fraud at Luckin Coffee, banks review IPO work

China's securities regulator said on Friday it would investigate claims of fraud at Luckin Coffee Inc and sources said some of the banks involved in the Chinese chain's successful U.S. IPO last year were reviewing their work in the listing......»»

Category: topSource: reutersApr 3rd, 2020

Why Did Shares of Luckin" Coffee (LK) Crater 80% Today?

On Thursday, shares of China-based coffee chain Luckin' Coffee (LK) plunhed after it disclosed an internal inv.....»»

Category: worldSource: nytApr 2nd, 2020

Luckin Coffee Emerges as a Bet on China’s Economic Resurgence

InvestorPlace - Stock Market News, Stock Advice & Trading Tips The Chinese consumer is being pinched by the COVID-19 pandemic. This month, the MSCI China Consu.....»»

Category: topSource: investorplaceApr 2nd, 2020

Buying LK Stock Before Earnings Is Really Just a Coin Toss

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Luckin Coffee has an e.....»»

Category: topSource: investorplaceMar 10th, 2020

Luckin Coffee slips amid reports of China travel lockdown

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJan 24th, 2020

Pro Investor Says Luckin Coffee More Than Just A Popular Coffee Brand

China-based Luckin Coffee Inc (NASDAQ: LK) is blessed with the opportunity of selling coffee in a country with a population of more than 1 billion. 0 read more.....»»

Category: blogSource: benzingaJan 17th, 2020

Luckin Coffee seeks more of China market, launches equity deals worth $821 million

Luckin Coffee Inc said it is expanding into vending machines that sell freshly brewed hot beverages and snacks, seeking even more of the China market after overtaking Starbucks Corp as the country's biggest coffee chain by number of stores......»»

Category: topSource: reutersJan 8th, 2020

Luckin Coffee seeks more of China market with new vending machine business

Luckin Coffee Inc said it is expanding into vending machines that sell freshly brewed hot beverages and snacks, seeking even more of the China market after overtaking Starbucks Corp as the country's biggest coffee chain by number of stores......»»

Category: topSource: reutersJan 8th, 2020

Starbucks Losing Ground To Homegrown Luckin Coffee In China

Seattle-based coffee chain company Starbucks Corporation (NASDAQ: SBUX) is losing ground in China to local competitor Luckin Coffee Inc. (NASDAQ: LK). 0 read more.....»»

Category: blogSource: benzingaJan 3rd, 2020

Luckin Coffee - The Starbucks of China?

Why Luckin Coffee is not the same as the high-end StarbucksRelated Stocks: LK, SBUX,.....»»

Category: blogSource: gurufocusDec 18th, 2019