Smell the Coffee

SMARTKARMA RESEARCH

How Luckin Coffee Spilt the Beans

Luckin Coffee just plunged more than 80% on information that management and employees engaged in misconduct as early as 2Q2019. Smartkarma Insight Providers were consistently sceptical about the company’s financials – in this eBook, we have gathered their coverage going back to 2019.

Download for free
How Luckin Coffee Spilt the Beans

Smell the Coffee

SMARTKARMA RESEARCH

How Luckin Coffee Spilt the Beans

Luckin Coffee just plunged more than 80% on information that management and employees engaged in misconduct as early as 2Q2019. Smartkarma Insight Providers were consistently sceptical about the company’s financials – in this eBook, we have gathered their coverage going back to 2019.

Download for free
How Luckin Coffee Spilt the Beans

A Bitter Brew

Luckin Coffee positioned itself as the key rival to Starbucks in its native China, putting forward a mix of in-store experience and online ordering. In the course of two years, the company expanded to 3,500 locations across China went public in 2019.

But trouble was brewing all along РInsight Providers including Rickin Thakrar, Oshadhi Kumarasiri, Devi Subhakesan, and Zhen Zhou Toh consistently expressed concerns over profitability, cash burning, and questionable financial disclosures. Read their Insights in this expansive eBook.

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