Скачать или смотреть Brewing Scandal | The Luckin Coffee Crisis

Brewing Scandal | The Luckin Coffee Crisis
Here are some crucial details about the Luckin Coffee fraud:
• The scam entailed fabricating over $300 million in sales.
• The company's stock price fell by more than 80% in the wake of the scandal.
• Luckin Coffee had to implement massive layoffs.
• The scandal resulted in a loss of trust in the Chinese coffee sector.
• Despite emerging from bankruptcy, Luckin Coffee is still battling to regain investor confidence.
• The company was penalized by the U.S. Securities and Exchange Commission (SEC) for its part in the fraud.




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