Luckin Coffee’s alleged fraud has some silver linings (and even more bad news too)

Chinese coffee chain super-brand Luckin Coffee has been in the spotlight the past week after the company revealed in an SEC filing that it has undertaken an internal investigation into an alleged $300 million fraud on the part of its former COO. That led the stock to drop nearly 80% on Thursday. Luckin Coffee’s board … Continue reading Luckin Coffee’s alleged fraud has some silver linings (and even more bad news too)