2065438+April 8, 2009, Luckin Coffee received a new investment of/kloc-0.50 billion US dollars, including a private equity investment of/kloc-0.20 billion US dollars managed by BlackRock, and the post-investment valuation of Luckin Coffee was 2.9 billion US dollars.
On may 2019 17, Luckin Coffee landed on Nasdaq, raising $695 million. This initial public offering * * * issued 33 million American Depositary Receipts (ADSs) at a price of $65,438+07 per share, and * * * raised $566,543.8+million.
The funds raised are mainly used for store expansion, attracting customers, R&D and marketing. Luckin Coffee has a trading code of "LK" and a market value of about $4.2 billion.
On June 8, 2020, the Ministry of Industry and Information Technology asked luckin Coffee app to complete the rectification and implementation before June 65, 438 +2020 10. If it fails to be rectified within the time limit, the Ministry of Industry and Information Technology will organize relevant disposal work according to laws and regulations. ?
Luckin Coffee's management adjustment caused by alleged financial fraud finally came to an end. On the evening of May 12, 2020, Luckin Coffee announced that the board of directors had terminated the CEO and position of Qian and Liu Jian respectively, and appointed Guo Jinyi, director and senior vice president of the company, as acting CEO.