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Summary The stock of Luckin Coffee went up 125% in 2022, handily beating both the major indices and its peer companies in the US and China. Based on the data of its WeChat channel, the total store count of Luckin Coffee reached approximately 8,360 at the year end 2022. Luckin Coffee...
Summary Media reports say the scandal-tainted coffee chain is looking to expand into Southeast Asia as it continues to rapidly open new stores at home. Luckin is considering an expansion into Southeast Asia and is already recruiting store managers in Singapore, according to media report...
Summary Starbucks Corporation, the coffee chain category leader, has several catalysts ahead but also several unique risks. Dutch Bros Inc., the fast-growing coffee chain, has an enormous but perilous runway ahead of it. In this article, we take a deeper look at each company to help...
Trading Penny Stocks On The OTC v.s Nasdaq/NYSE If you’re looking for penny stocks to buy, you’ll likely find plenty to choose from. There are, however, a few things to keep in mind in the stock market today. First and foremost, are you able to buy all penny stocks that are ...
Summary American regulators gained access to the accounts of Chinese-listed companies. This means they likely won't be delisted from the US stock exchange. There is also plenty of policy support from the Chinese authorities, especially for internet companies like Alibaba, Baidu, and...
Luckin Coffee ( OTCPK:LKNCY ) started off the new year with a 11.99% jump higher on Tuesday. Investors snapped up the coffee chain after a new study suggested that COVID infections in China may be at their peak . According to the South China Morning Post, the study published b...
BEIJING, Dec. 28, 2022 (GLOBE NEWSWIRE) -- Luckin Coffee Inc. (“Luckin Coffee” or the “Company”) (OTC: LKNCY) today announced the appointment of Mr. Joel A. Getz as an independent director of its Board of Directors (the “Board”). ȁ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips With inflation showing signs of slowing, Americans should have more money to spend on products from e-commerce companies. In addition, China’s decision to ease its lockdowns should boost the Asian country’s e...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Michael Vi / Shutterstock.com Tesla (NASDAQ: TSLA ) stock is in the news Tuesday as investors call on the company to announce a share buyback program . This push comes as Tesla experiences what could ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Heliographer / Shutterstock Chinese electric vehicle (EV) stocks are down on Tuesday and it all has to do with the country’s Zero Covid policy. Investors are worried that China is preparing for furth...
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BEIJING, May 23, 2024 (GLOBE NEWSWIRE) -- Luckin Coffee Inc. (“Luckin Coffee” or the “Company”) (OTC: LKNCY) today announced a change to the Board of Directors (the “Board”). The Board previously resolved that each of the Company’s directors shall ...