Charles Lu Zhengyao VCG | fake pictures Luckin Coffee has expelled co-founder and president Charles Zhengyao Lu and replaced him with Jinyi Guo, who will also be the chief executive, the conflicting coffee chain revealed Monday. Guo was previously the interim CEO of the company. The move to replace Lu …
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Charles Zhengyao Lu, President and Founder of Luckin Coffee, and Jenny Qian Zhiya, CEO of Luckin Coffee, ringing the opening bell during the company’s Initial Public Offering (IPO) at Nasdaq in New York on May 17, 2019. Victor J. Blue | Bloomberg | fake pictures The Luckin Coffee fraud scandal …
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Charles Zhengyao Lu. VCG | fake pictures Luckin Coffee announced on Friday that its board of directors is moving to oust director and president Charles Zhengyao Lu after an internal investigation into a financial scandal. A meeting will be held July 2 to consider the proposed removal of the resignation, …
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A pedestrian with a protective mask walks through the Lujiazui financial district in Shanghai, China on Friday March 20, 2020. Qilai Shen | Bloomberg | fake pictures As global uncertainty increases, more foreign companies are buying into China, including deals in the most sensitive finance and technology industries. “In the …
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Reinout Schakel, chief financial officer of Luckin Coffee Inc., pauses as he speaks during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, USA. USA, Friday May 17, 2019. Victor J. Blue | Bloomberg | fake pictures Luckin Coffee revealed on Tuesday that it received a …
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