Shares of Luckin Coffee Inc sank as much as 81% on Thursday after the Chinese coffee chain said an internal investigation had shown that its chief operating officer and other employees fabricated sales transactions.
) sank as much as 81% on Thursday after the Chinese coffee chain said an internal investigation had shown that its chief operating officer and other employees fabricated sales transactions.
The company suspended COO Jian Liu and employees reporting to him following initial recommendations from a special committee, which was appointed to investigate issues in its financial statements for the fiscal year ended Dec. 31, 2019. However, investors said they were beginning to hear rumblings that there was something amiss at the company and some received an anonymous report alleging that the company was fabricating some numbers.
At the time, Luckin called the report’s methodology flawed, the evidence unsubstantiated and said that the allegations were “unsupported speculations and malicious interpretations of event.”
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Luckin Coffee fabricated $310 million in sales: investigation - Business InsiderStarbucks rival Luckin Coffee faked nearly half of its roughly $732 million in sales, according to an internal investigation that found the Chinese coffee giant's COO fabricated orders
続きを読む »
Coffee Science: How to Make the Best Pourover Coffee at HomeAt the most basic level, pourover brewing involves pouring water over and through the grounds to extract the coffee flavors into your cup or serving vessel. Seems simple, right? But understanding the science and following a few tips can help you brew a better cup.
続きを読む »
Luckin, Rival to Starbucks in China, Says Employees Fabricated 2019 Sales; Stock PlummetsChinese startup Luckin Coffee said it has evidence of financial misconduct involving its chief operating officer and $310 million worth of fake transactions for 2019. The company lost 75% of its market value Thursday.
続きを読む »
French Press, Drip, Toddy—Which Coffee Gadget Is Right for You?As much of the world moves indoors to slow the spread of the coronavirus, even the most committed cafe-goers are figuring out how to make their morning mug at home. Here, coffee-obsessed experts have weighed in on which coffee maker is best for you.
続きを読む »
Luckin Coffee fabricated $310 million in sales: investigation - Business InsiderStarbucks rival Luckin Coffee faked nearly half of its roughly $732 million in sales, according to an internal investigation that found the Chinese coffee giant's COO fabricated orders
続きを読む »