Luckin Coffee sticks by chairman despite scandal
(WorldNews China)

I`m not interested Embattled coffee chain Luckin Coffee has decided against ousting its founder and chairman, despite an internal investigation concluding that last year`s revenue included millions of dollars in fake sales. The massive financial scandal has already cost the company two top executives, caused shares to plummet more than 70% and put its billionaire founder Charles Zhengyao Lu in the line of fire – and will see it delisted from the Nasdaq in New York. But the...