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
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
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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 (cgtn.com)
China's Luckin Coffee seeks to raise up to $586.5 million in IPO
Luckin Coffee Inc, the Chinese challenger to Starbucks Corp, is looking to raise up to 586.5 million U.S. dollars, its filing with the U.S. Securities and Exchange Commission on Monday showed.
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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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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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2020-08-14 (forbes.com)
After Luckin Coffee, Streaming Service IQIYI Is The Next Chinese Company Facing An SEC Probe Over Inflated Earnings
The SEC’s Division of Enforcement has sought financial records from Chinese streaming service iQIYI, Inc. to investigate “manufactured orders and inflated revenues and/or expenses” over the last few years.
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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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2020-04-26 (qnewshub.com)
Chinese Regulators Target Luckin Coffee After Admission Of Fabricated Sales
Staff wear protective masks at a Luckin Coffee shop on April 03, 2020 in Shanghai, China.
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2019-04-23 (yahoo.com)
Marketing Is Not Enough For Luckin Coffee to Dethrone Starbucks in China
Marketing was far and away Luckin Coffee’s top operating expense as a company in 2018, according to its IPO filing submitted to the SEC on Monday. The Chinese startup, already regarded as Starbucks’ biggest threat in Asia, spent more than $111 million on advertising or “sales and marketing expenses”
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