Luckin Coffee承认虚假销售数据,库存受到惩罚

Luckin Coffee承认虚假销售数据,库存受到惩罚

发表于04/03/2020

陷入困境的中国咖啡连锁公司

与星巴克公司竞争的Luckin Coffee Inc.

坚决承认其在2019年最后三个季度的总销售额为人民币22亿元(3.1亿美元)。

捏造的财务数字

等于2019年Luckin Coffee收入的40%以上。

This public disclosure was the result of an internal company probe.

Luckin Coffee suspended its COO Jian Liu and employees reporting to him.

Once the probe findings were made public,

shares of Luckin Coffee closed down to US$ 6.40 per shares, wiping out previous market capitalization at one point of US$ 6.6 billion down to US$ 1.6 billion.

Luckin Coffee was backed by sovereign funds,

GIC Private Limited and

the Qatar Investment Authority (QIA),

before Luckin Coffee’s initial public offering. At the end of February 2020,

GIC held over 5% of Class A ordinary shares in Luckin Coffee, but substantially sold off its position before Luckin Coffee confessed.

AsiaChinaLuckin Coffee

SWFI

https://www.swfinstitute.org/news/78645/luckin-coffee-admits-fabricated-sales-figure-stock-gets-punished

Luckin Coffee stock tanks 80% after discovery that COO fabricated about $310 million in sales (LK) | Markets Insider

https://markets.businessinsider.com/news/stocks/luckin-coffee-stock-slides-executive-falsified-millions-sales-investigation-finds-2020-4-1029059351