Chinese coffee chain Luckin believes it has a future in the U.S. public markets—again.
The fast-growing Starbucks competitor first listed on the Nasdaq Stock Market in 2019, but was delisted in 2020 after an accounting scandal involving fabricated sales. Luckin shook up its management team and cultivated new investment, and quickly got back to growing.
Luckin said during an investor call Monday that it was committed to returning to U.S. markets, but had no timeline for a listing and remained focused on expansion.
