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Luckin Coffee Eyes U.S. Relisting After Major Turnaround

11/13/2025

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Summary

Story summary

Luckin Coffee is pursuing a U.S. relisting five years after its accounting scandal, announced by CEO Jinyi Guo in Xiamen, with government support but no timeline.
Luckin Coffee was delisted from Nasdaq in 2020 due to fraud, has restructured its debt, and now trades over-the-counter in the United States.
The company reported 47.1% revenue growth in Q2 2025 to $1.7 billion and opened two New York City stores.

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Story summary

Luckin Coffee is pursuing a U.S. relisting five years after its accounting scandal, announced by CEO Jinyi Guo in Xiamen, with government support but no timeline.
Luckin Coffee was delisted from Nasdaq in 2020 due to fraud, has restructured its debt, and now trades over-the-counter in the United States.
The company reported 47.1% revenue growth in Q2 2025 to $1.7 billion and opened two New York City stores.