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Change Grinds Through Luckin Board, but Is It Real or for Founder’s Benefit?

2020年06月22日 19:43 来源于 财新网
Company will replace half of its board, including chairman Lu Zhengyao, as insider says move could be aimed at lowering heat on Lu from company’s own internal investigation
A Luckin coffee shop in Guangzhou, Guangdong province, June 6.

Scandal-plagued Starbucks challenger Luckin Coffee Inc. has proposed a purge of half of its eight-member board, including its embattled chairman, as the company tries to regain investor confidence and avoid being delisted from the Nasdaq.

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