LK News and Press, Luckin Coffee From 05/14/20

Stay-at-home orders are hurting economies all over the world, but they are actually leading to a demand surge for those companies that cater to the new normal. One of the biggest stay-at-home stocks in the entire world is Chinese internet giant Tencent (OTC: TCEHY) . Tencent has an array...

In what can be seen as an inevitable move, Luckin Coffee (NASDAQ: LK) fired the two executives allegedly connected to a recent scandal. The company announced Tuesday that it relieved CEO Jenny Zhiya Qian and COO Jian Liu of their positions. It also demanded, and received, their resignations ...

Luckin Coffee (NASDAQ: LK ) confirms that it terminated CEO Jenny Zhiya Qian and COO Jian Liuhe after an internal investigation into sales practices. More news on: Luckin Coffee Inc., Consumer stocks news, Read more ...

BEIJING, May 12, 2020 (GLOBE NEWSWIRE) -- Luckin Coffee Inc. (the “Company”) (NASDAQ: LK), today announced changes to its Board of Directors (“Board”) and senior management, effective May 11, 2020. During its ongoing internal investigation (the “In...

In times of systematic uncertainty, going with the best in breed can help mitigate an investor's downside. Ubiquitous companies like Nike or Apple are generally better equipped to cut through turbulence than smaller organizations operating in the same space. Scale offers unmatched flexibilit...

Last week, we got to see how will the outlook impact perhaps the two major players in fast-casual, namely Starbucks (NASDAQ:SBUX) and McDonalds (NYSE:MCD) who are fierce competitors at one of the largest growing markets for the coffee shop industry, namely China. And they also have Dunkin...

Last week, we got to see how will the outlook impact perhaps the two major players in fast-casual, namely Starbucks (NASDAQ:SBUX) and McDonalds (NYSE:MCD) who are fierce competitors at one of the largest growing markets for the coffee shop industry, namely China. And they also have Dunkin...

Shares of Starbucks (NASDAQ: SBUX) climbed 23% in April, according to data provided by  S&P Global Market Intelligence . The rise continues for the coffee chain after its shares hit its lowest at $56 in mid-March. However, the stock is still down around 14% year to date. Image sou...

China is not a predominantly coffee-drinking nation, but that's changing quickly. Starbucks (NASDAQ: SBUX) has long been the leader on the front, drumming up interest in America's caffeine of choice with its premium menu. And up until a month ago, the train wreck that is now Luckin Coffee ...

It is apparently not enough for Luckin Coffee (NASDAQ: LK) to conduct an internal investigation over Chief Operating Officer Jian Liu's inflating of the company's sales figures. A report published Wednesday in The Wall Street Journal , citing "people familiar with the matter," indicates tha...