My investment of luckin coffee😎
The financial fraud scandal of Luckin Coffee has shocked the world, leading to the passage of the Holding Foreign Companies Accountable Act by the U.S. Congress. After being fined $180 million and delisted from the U.S. stock market, many believed that it marked the end for Luckin. However, astonishingly, Luckin Coffee has survived in both the Chinese and international market, even pulling off a significant economic turnaround. In fact, as of this year, they have successfully managed to turn a profit. This, of course, sparked a lot of discussion, with some remaining skeptical about this turnaround, while others see potential for the future. In my view, this is not just about turning a profit, the more critical issue is whether they can regain the public's trust. Nevertheless, the case of Luckin Coffee still remains one to watch, as their experience serves as an interesting lesson on how investors and entrepreneurs can bounce back from adversity.
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OldNWMonkey : Needs to get out of OTC status to be considered by big buyers
Viviye OldNWMonkey: Agree，their coffee is really good
.buying their coffee every day makes me part owner