Luckin Coffee terminates CEO, COO amid accounting probe
12/05/2020 16:05
May 12 (Reuters) - Luckin Coffee Inc LK.O has fired its
chief executive and chief operating officers following an
internal probe on fabrication of annual sales numbers, the
Chinese coffee chain said https://bit.ly/3cD4jLC in a filing on
Tuesday.
The company has appointed Jinyi Guo, a board director and a
senior vice president, as its acting chief executive officer.
(Reporting by Nivedita Balu in Bengaluru;
Editing by Vinay Dwivedi)
((Nivedita.Balu@thomsonreuters.com; within U.S. +1 646 223
8780; outside U.S. +91 80 6749 4822/ Twitter: @niveditabalu;))
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