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.
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Recent Articles about Luckin Coffee International (Hong Kong) Limited
Live alerts from global media, monitored by Business Radar
2024-11-24 (vnexpress.net)
Luckin Coffee: from filing for bankruptcy to outselling Starbucks in China
Luckin Coffee filed for bankruptcy protection in the U.S. in 2021, but it took just a few years to recover and even dethrone Starbucks as China’s leading coffee chain. - VnExpress International
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2024-08-17 (restaurantbusinessonline.com)
The Chinese coffee market gives some U.S. brands headaches
Rapidly growing brands in the country have taken a bite out of Starbucks and Tim Hortons. So has a tough local economy.
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2023-02-06 (vendingtimes.com)
Luckin Coffee returns to growth
Luckin Coffee Inc., which filed for bankruptcy protection in February of 2021, has rebounded and is in a growth mode, according to recent financial reports. The Chinese company is a coffee vending pioneer in addition to a nationwide retail coffee…
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2022-07-21 (vendingtimes.com)
Groupe SEB cites Wilbur Curtis high point for HY 2022
Groupe SEB, a France based multinational that owns Montebellow, California based Wilbur Curtis Co., reported a loss against improved first half year sales for 2022, citing a challenging operating environment due to currency volatility, Ukraine and inflation, according to a…
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2021-10-20 (food-service.de)
Luckin Coffee: Restructuring after financial injection
The Chinese coffee bar chain plans to use part of the US$250 million to settle its debt with the US Securities and Exchange Commission (SEC).
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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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2021-03-17 (kr-asia.com)
Luckin Coffee to restructure debt, raise USD 250 million in equity financing
Xiamen-headquartered beverage chain Luckin Coffee disclosed on Tuesday that it has entered into a debt restructuring agreement with creditors holding about 59% of the USD 460 million convertible senior notes due 2025, who can claim back between 91% and 96% of their money.
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2021-02-05 (cnn.com)
Luckin Coffee files for bankruptcy in the US
Luckin Coffee, once hailed as China’s homegrown rival to Starbucks, has filed for bankruptcy in the United States less than a year after the company admitted that millions of dollars in sales had been fabricated.
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2020-08-01 (caixinglobal.com)
China Regulators to Punish Luckin Coffee for Financial Fraud
China Regulators to Punish Luckin Coffee for Financial Fraud - Finance Ministry confirms fabricated sales results while market regulation agency finds unfair competition, though neither specifies planned penalties
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