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April 2, 2020 02:00 pm GMT

Luckin Coffees board initiates investigation into $300M potential fraud

China-based Luckin Coffee, the fastest growing coffee brand in the world, has dazzled VCs, public market investors and frankly us over the years with its dizzyingly high growth, expanding from a handful of stores and delivery kiosks to tens of thousands in a just a few years, quickly outpacing Starbucks aggressive expansion in the worlds […]

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