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Luckin Coffee shares took a 36% dive on Wednesday after the company resumed trading on Nasdaq, following a delisting notice from the exchange on grounds of financial fraud.
Luckin Coffee Inc. released the third report of the Joint Provisional Liquidators to the Grand Court of the Cayman Islands on Tuesday night.
The new retail coffee chain Luckin Coffee was rumored to have closed its Series A round at $200 to 300 million with a valuation exceeding $1 billion. The invest...