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coffee industry
Company in the news
Hedge fund that shorted Luckin Coffee since 2019 is betting on worse to come
Once seen as one of China’s brightest growth stories and the homegrown answer to Starbucks Corp., Luckin’s disclosure in early April that senior executives may have fabricated $310 million of sales has plunged the company into crisis.
May 21, 2020
Investing strategies
Luckin Coffee: Why did investors ignore the red flags?
It was said that Ivar Krueger burned through — in today’s money — US$1.5 billion ($2.14 billion) of financier’s funds.
April 09, 2020
Corporate moves
Food Empire records robust growth; declares higher dividend on better outlook
With higher growth and dividends, here's what Food Empire is up to.
March 20, 2020