Coffee big biz in China

You know it

They don’t have much luck’in the US tho.

“Embattled Chinese coffee chain Luckin Coffee Inc. filed for Chapter 15 bankruptcy in New York, less than a year after the company said that more than a quarter’s worth of business may have been faked.”

Luckin was a scam from the beginning though.

Were Boomer and Apollo on the Nantucket too ?

Nikkei Asia reports on recent news:

Guy

And: some excellent in-depth analysis of this “downmarket Chinese coffee chain” (LOL) from July 2020:

Guy

1 Like