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Luckin Coffee Stages Remarkable Comeback, Overtakes Starbucks In China
Thursday, June 6, 2024 - 11:01pm | 513Luckin Coffee (OTC:LKNCY), the Chinese coffee chain, has made a remarkable recovery after a major accounting scandal in 2020. The company has not only survived but has also emerged as a fierce competitor to Starbucks Corporation (NASDAQ:SBUX). What Happened: Luckin Coffee, once considered China...