Falsified sales figures

Luckin Coffee closes comparison

Starbucks competitor on the Chinese market: Luckin Coffee
imago images / VCG
Starbucks competitor on the Chinese market: Luckin Coffee

The Chinese coffee bar chain has settled with the U.S. Securities and Exchange Commission. The company, which has come under criticism for accounting fraud, will pay US$180 m.

That the U.S. Securities and Exchange Commission (SEC) was conducting investigations as a result of the fraudulent transactions committed by former o

Register now and read all international news for free!

Your registration includes our foodservice International newsletter.

 

Already registered?

You can object to the use of your data at any time.
You can also find general information on handling data in our data protection declaration.

stats