Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
December 17, 2020 02:45 am GMT

Chinas Luckin Coffee will pay $180 million to settle accounting fraud charges

China’s embattled coffee delivery startup Luckin has reached a settlement with the U.S. Securities and Exchange Commission, agreeing to pay a $180 million penalty to settle charges that it overstated its revenues, expenses, and losses by the hundreds of millions of dollars. The announcement by the market regulator arrived Wednesday evening, months after short-seller Muddy […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/dfU4HQhu9jo/

Share this article:    Share on Facebook
View Full Article

Techcrunch

TechCrunch is a leading technology blog, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.

More About this Source Visit Techcrunch