Luckin Coffee Scandal Explained: What Actually Happened
Executive Summary: Luckin Coffee is a Chinese coffeehouse chain selling not only coffee but other beverages like tea and juices as well as food. The firm’s executives inflated 2019 sales numbers by more than $300 million, which caused a delisting of its stock and led to Luckin going bankrupt. What Is Luckin Coffee? Luckin Coffee, … Read more