Luckin Coffee shares fall 32% after resumption of operations and analyst says investors will be ‘eliminated’

Heaven32 May 20, 2020 Comments

[ad_1] Luckin Coffee Inc. shares fell 32.1% after resuming trading after more than a month, and Quo Vadis Capital expects stocks to continue to fall. Luck LK-39.67%He is under investigation for financial misconduct and has…

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China's beleaguered Luckin's coffee adds lifestyle products to its menu – TechCrunch

Heaven32 May 15, 2020 Comments

[ad_1] The Luckin saga continues as the Chinese coffee challenger searches for solutions to the undesirable consequences of a $ 310 million in fraud. Tuesday, the company Ad He fired chief operating officer Liu Jian,…

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Tim Hortons looks at Chinese coffee drinkers with Tencent Investment – TechCrunch

Heaven32 May 12, 2020 Comments

[ad_1] Canadian Coffee and Donut Chain Tim Hortons obtained a truck partner to drive its expansion in China. The company announced in its social media account (in Chinese) On Tuesday he raised funds from Chinese…

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