UPDATE 1-Luckin scandal ripple effect prompts chairman-backed firm to seek cash -sources
A company linked to
China’s scandal-hit Luckin Coffee Inc is seeking fresh
capital, sources said, highlighting the ripple effect of
Luckin’s fabricated transactions as the chairman of both firms
scrambles to avoid a cash crunch.
China’s scandal-hit Luckin Coffee Inc is seeking fresh
capital, sources said, highlighting the ripple effect of
Luckin’s fabricated transactions as the chairman of both firms
scrambles to avoid a cash crunch.
Posted by Reuters
