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Luckin Coffee Nears Major Milestone with Imminent Emergence from Bankruptcy

China’s scandal-tainted Starbucks challenger says liquidators handling its U.S. bankruptcy have filed a motion to formally close the case

This article only represents the author's own views.

This is one liquid that China’s largest coffee purveyor won’t miss.

That’s the sentiment coming from Luckin Coffee Inc. (LKNCY.US), which has announced it is on the cusp of emerging from a prolonged bankruptcy liquidation following a year-long reorganization to put it back on solid financial footing. This particular development isn’t all that earth-shattering, as the company has been keeping everyone updated quite regularly on its efforts to return to financial health.

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咏竹坊

咏竹坊(官网链接)提供在香港和美国上市的manbetx3.0 企业相关新闻,重点关注中小企业和筹备上市的公司。

Bamboo Works (official website) provides news on Chinese companies listed in Hong Kong and the United States, with a strong focus on mid-cap and also pre-IPO companies.

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