Luckin Coffee. Dismissal at the top at the “Chinese Starbucks”

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20 May 2020 à 12h40

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Publication: 20 May 2020 à 12h40

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20 May 2020 à 12h40

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Publication: 20 May 2020 à 12h40

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It’s a lesson in terms of rushed investment. Oversupply of cash in the U.S. seeking a home pushed investors to rush into Chinese mobile applications, convinced at all costs that a population of 1.4 billion people must provide rich returns.

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