Scandal-Tarred Luckin Coffee Plots a Comeback
HONG KONG—Nearly two years after
Luckin Coffee Inc.
LKNCY -2.03%
stunned global investors with an audacious accounting fraud, the Chinese coffee chain is attempting to turn over a new…
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China’s Centurium Capital Gains Control of Luckin Coffee
A Chinese private-equity firm has become the controlling shareholder of
Luckin Coffee Inc.,
LKNCY 0.23%
after buying shares that were previously held by the…
A Booming Startup Market Prompts an Investment Rush for Ever-Younger Companies
Blank Street has a simple business: It sells coffee—sometimes in carts, usually in small stores. It launched its first location 17 months ago, before it began dotting Manhattan and Brooklyn with baristas.Even a couple of years ago, a…