Luckin Coffee International (Hong Kong) Limited
Location
Founded
2020-07-22
Website
Risk Signals
377 news mentions monitored
Industry Context
This company is tracked across risk categories, including those related to its sector (e.g., Commercial Equipment, Not Elsewhere Classified), including supply chain integrity, ESG practices, labor disputes, and regulatory compliance.
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Recent Articles about Luckin Coffee International (Hong Kong) Limited
Live alerts from global media, monitored by Business Radar
2024-05-24 (hinrichfoundation.com)
Asia’s Greater Bay Area: Worth the risks for investors?
As China accelerates its speed of innovation and industry diversification, investors will remain drawn to the Asia's Greater Bay Area's potential continued growth.
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2024-03-14 (bbc.com)
China's Luckin Coffee sacks bosses amid accounting scandal
Its chief executive and chief operating officer were sacked after a probe into an accounting scandal.
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2024-02-28 (cfo.com)
Luckin Coffee Ousts Chairman Amid Accounting Scandal
Luckin Coffee appointed a new chairman and directors to its board following an extraordinary general meeting held Monday.
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2024-02-25 (asiafinancial.com)
Luckin Coffee apologises for fraud scandal
Luckin Coffee apologises for fraud scandal
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2023-09-24 (wsj.com)
SEC Investigates China’s Luckin Coffee Over Accounting Scandal
The Securities and Exchange Commission is investigating Luckin Coffee’s disclosure that some of its employees cooked its books last year, according to people familiar with the matter.
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2022-12-24 (pymnts.com)
Luckin Coffee CEO and COO Fired After Fraud Probe
An internal investigation into alleged fraud at Luckin Coffee Inc. has led to the firing of several top executives at the Beijing, China-based java giant.
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2021-09-22 (caixinglobal.com)
Scandal-Racked Luckin Coffee Plunged $866 Million Into the Red in 2020
Scandal-Racked Luckin Coffee Plunged $866 Million Into the Red in 2020 -Losses widened 77% in the year the coffee chain’s vast accounting fraud was revealed
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2020-12-17 (wsj.com)
China’s Luckin Coffee to Pay $180 Million to Settle Accounting-Fraud Claims
Luckin Coffee has agreed to pay $180 million to settle regulatory claims that it cooked its books to make growth appear more robust and meet earnings targets.
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2020-12-16 (reuters.com)
Luckin Coffee to pay $180 mln penalty to settle accounting fraud charges -U.S. SEC
Luckin Coffee Inc (LC0Ay.MU) has agreed to pay a $180 million penalty to settle accounting fraud charges for "intentionally and materially" overstating its 2019 revenue and understating a net loss, U.S. regulators said on Wednesday.
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