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.


from Reuters: Top News https://ift.tt/3e2L7aw
via

Post a comment

0 Comments