Charles Zhengyao Lu, the chairman and founder of Chinese startup Luckin Coffee Inc., has been ousted by shareholders of the company. According to local media reports, his removal as chairman comes only days after surviving an effort by some directors to strip him of control. 21st Century Business Herald and Sina had reported that along … Continue reading “Luckin Coffee Shareholders Vote to Remove Company’s Chairman”
Tag: luckin coffee
Hot Stocks
This Starbucks Competitor Has Crashed Since its IPO
Chinese Luckin Coffee just recently made its debut in the market and has been plunging…
May 24, 2019
This Rival of Starbucks Has Just Filed for a US IPO
Luckin Coffee of China is planning to list on the NASDAQ. This week the company…
April 23, 2019