The Luckin Scandal: Fake Sales, Power Struggles and a ‘Broken Model’ (Nikkei Asian Review)
Last year, Luckin Coffee was the darling of Chinese startups — it boasted more outlets in China than Starbucks and listed on the U.S. Nasdaq to great fanfare. It has since been delisted and faces the real danger of collapsing. How did it all go wrong? And can investors better spot these red flags in the future? READ MORE (ARTICLE CACHE)
Similar Posts:
- Asia300 Power Performers: Tech’s Wild Ride (Nikkei Asian Review)
- China M&A a Bright Spot Amid Regional Decline (The Asset)
- Investing in China: A Question of Stock Picking Rather Than Index Picking (Robeco)
- China’s Local Governments Ride to the Rescue of EV Startups (Nikkei Asian Review)
- Lessons from Autohome Inc’s Battle With Foreign Shareholders (Bloomberg)
- China’s Great Leap Forward in Biotech (Nikkei Asian Review)
- China Guides its Self-driving Startups Into the Fast Lane (Nikkei Asia)
- Tesla Has Over 300 Chinese Startups Hot on its Tail (Nikkei Asian Review)
- Asian Flying Cars Aim to Soar Over Walls of Global Regulation (Nikkei Asia)
- The Long View: China is Too Big to Fail (Fidante Partners)
Leave a Reply