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Sunday, 02/07/2021 1:45:34 PM

Sunday, February 07, 2021 1:45:34 PM

Post# of 4142
Luckin Coffee's unaudited financial results(2020) here ...

https://www.nasdaq.com/articles/luckin-coffees-business-is-recovering-but-continued-c-suite-drama-makes-it-uninvestable

Additionally, the JPLs also counted about RMB 5.175 billion, or $742.7 million, in cash on Luckin's balance sheet as of November. While that's healthy for now, remember that Luckin is still burning cash, despite recent improvements. It also has $460 million in convertible notes due in 2025.

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