Luckin Coffee International (Hong Kong) Limited
Location
Founded
2020-07-22
Website
Risk Signals
374 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.
Filter risk signals by topic
Select a theme below to explore the company’s news mentions in specific risk areas.
Recent Articles about Luckin Coffee International (Hong Kong) Limited
Live alerts from global media, monitored by Business Radar
2024-11-01 (xe.today)
The Rise of a Chinese Coffee Powerhouse: A Super-Affordable Brand with Over 20,000 Stores in its Domestic Market, Set to Challenge the US and Southeast Asian Beverage Industries.
Illustrative image
Read more
2023-09-26 (jumpstartmag.com)
Chinese Regulators Impose US$9M Fine For Fraud On Luckin Coffee and 43 Implicated Companies
China's top commerce watchdog, the State Administration for Market Regulation (SAMR), along with Shanghai and Beijing market regulators, have imposed a fine
Read more
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.
Read more
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.
Read more
2020-10-13 (pandaily.com)
Luckin Coffee and Complicit Companies Fined for Millions of Fake Transactions
China’s market regulator disclosed yesterday the penalty of fines of 2 million yuan ($300,000) each for Luckin Coffee and four other associated companies for their 123 million fake orders fabricated through fake transactions, fake bank statements and other illegal measures.
Read more
2020-09-22 (caixinglobal.com)
China’s Market Regulator Piles Penalties on Luckin Coffee Over Fraud Scandal
China’s Market Regulator Piles Penalties on Luckin Coffee Over Fraud Scandal - Authority hits two companies owned by Luckin and 43 others with a total of $9 million in fines for violating the country’s fair competition law
Read more
(globaltimes.cn)
Luckin Coffee fined by Chinese authorities for unfair competition
Luckin Coffee announced on Tuesday that it will accept the penalty imposed by Chinese market regulatory authorities and will rectify its behavior in accordance with the law after it was fined for unfair competition.
Read more
(institutionalinvestor.com)
Luckin Coffee — 2020’s Big China Short — Settles With the SEC
Now short sellers wonder: is the $180 million penalty “a good ROI”?
Read more