Luckin Coffee ousts chairman, names new CEO
The embattled Chinese coffee chain named Jinyi Guo chairman and CEO, after shareholders voted to
The embattled Chinese coffee chain named Jinyi Guo chairman and CEO, after shareholders voted to
Shares in the company, which also owns the Jacobs, Douwe Egberts and L’OR brands, surged
Lu Zhengyao apologized this week for the scandal that has been plaguing the company once
Starbucks (SBUX) has started to trial recyclable alternatives to the disposable cups. But the used
Jenny Zhiya Qian was terminated on Monday, along with chief operating officer Jian Lu —
BERLIN — As the wave of coronavirus infections broke over Europe in March, causing reserves
HONG KONG — Luckin Coffee had an audacious goal: take on Starbucks in China. Last
The coronavirus pandemic set off a scramble for coffee beans last month as roasters worked
A month ago, Nick Stone had a $50 million coffee business, with dozens of cafes
Shares of Luckin Coffee (LK) plunged 80% in early trading Thursday after the company disclosed