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Reasons for Luckin Coffee's Pre-Market Trading Suspension What Happened with Luckin Coffee's Trading Halt
Professional coffee knowledge exchange For more coffee bean information Please follow Coffee Workshop (WeChat public account: cafe_style) FrontStreet Coffee - Luckin Coffee Trading Suspension On April 2, 2020, Luckin Coffee (Nasdaq:LK), listed in the United States, issued an announcement revealing that the company's COO and others had engaged in data falsification during auditing, with related amounts reaching approximately 2.2 billion RMB. Upon this news, Luckin's pre-market trading once plummeted by 85%, closing
2020-04-08 Luckin Coffee Pre-market Trading Suspension Reasons What Happened Professional Knowledge Exchange -
Luckin Coffee Trading Halted - Is Luckin Coffee Trading Halted - Luckin Coffee Announces Suspension and Lawsuit
Professional coffee knowledge exchange More coffee bean information Please follow Coffee Workshop (WeChat public account cafe_style) FrontStreet Coffee - Luckin Coffee Trading Halted The coffee industry has been quite turbulent recently, with a globally escalating event - Luckin Coffee's fabrication of 2.2 billion yuan in transactions. What makes this matter particularly noteworthy is that Luckin Coffee self-reported this issue. As a publicly traded company, such a serious fraud incident exposed
2020-04-07 Luckin coffee trading halt announcement lawsuit professional knowledge exchange more -
Breaking: Starbucks Suspends Russian Operations
According to foreign media reports, due to the ongoing war between Russia and Ukraine, McDonald's, Starbucks, PepsiCo, and Coca-Cola successively announced on March 8 that they would suspend all operations in Russia. Additionally, McDonald's and Starbucks will suspend store operations and business activities in Russia. Previously, McDonald's had operations in Russia and Ukraine when the conflict began.
2022-03-09 Russia Ukraine Starbucks McDonald's PepsiCo Coca-Cola business suspension -
New Leader's First Day! Starbucks Begins Transformation!
According to The New York Times, current interim CEO Howard Schultz announced on his first day that he will halt Starbucks' stock buyback program, hoping to invest more profits into current employees and the operations of all stores. Following this news...
2022-04-05 Starbucks Howard Schultz leadership transition stock buyback employee investment -
How to Pour-Over Colombian LOD Competition Hope Estate Coffee Beans_ Iced Pour-Over Colombian Brewing Tutorial
Professional coffee knowledge exchange. For more coffee bean information, please follow Coffee Workshop (WeChat official account: cafe_style). Colombia has previously been a participant in COE (Cup of Excellence, a specialty coffee rating system). After the COE competition ended in 2015, it announced the suspension of the COE project in Colombia. In 2016, Colombia held its first Coffee Quality Competition.
2018-11-06 How to Pour-Over Colombia LOD Competition Hope Estate Coffee Beans Iced Pour-Over -
Silent Cafe's Late-Night Self-Rescue Post! How Should Cafe Operations Adjust During the Pandemic?
On June 14, a silent coffee shop published a post titled "Please rest assured, we are still alive. But..." which sparked discussion among netizens, with the article's readership reaching 80,000+ overnight. This coffee shop is located in Shanghai and is the first and only one certified as a Chinese social enterprise.
2022-06-16 cafe pandemic business adjustment silent cafe social enterprise -
Breaking: Starbucks Announces Exit from Russian Market
According to comprehensive media reports, on the 23rd local time, American Starbucks Corporation announced its withdrawal from the Russian market. In an open letter to employees on the same day, Starbucks stated the decision to close its 130 stores in Russia, and its brand will no longer be retained in the Russian market. However, Starbucks stated that it will provide support to its nearly 200
2022-05-24 starbucks russia market exit business withdrawal coffee chain international business -
Russian Starbucks For Sale! To Be Renamed Next Month!
Following Starbucks' announcement on March 8th to suspend operations in Russia and its sudden declaration on May 24th to exit the Russian market, the brand's 130 stores in the country have remained idle for several months, untouched and unattended. Until July 9th, local media revealed that the renowned Russian catering company Pinskiy&co would
2022-07-31 Starbucks Russia sale brand exit Pinskiy&co -
Mexican Coffee Flavor Profile, Historical Story, and the Development and Crisis of Specialty Coffee
When listing famous coffee origins, Mexico is often excluded. Even FrontStreet Coffee's current bean menu doesn't feature Mexican coffee. However, this doesn't negate the numerous advantages of Mexican coffee: its unique fruity flavor characteristics, positive social and environmental impacts, and rich coffee production traditions. Coffee first arrived in Mexico in the late 1700s, brought by Spanish settlers
2021-08-20 Mexico coffee flavor profile historical story specialty development crisis -
Shanghai Blue Bottle Coffee Temporarily Suspends Operations?!
According to the official statement from Blue Bottle Coffee, to comply with pandemic prevention and control measures, Blue Bottle Coffee's Yutong store in Shanghai will temporarily suspend operations. As for when the store will resume business, Blue Bottle Coffee has not yet provided a specific time, and the reopening date will be announced separately. According to the Shanghai Municipal Health Commission's report: From 0:00 to 24:00 on March 19, Shanghai
2022-03-20 Blue Bottle Coffee Shanghai temporary closure pandemic control measures -
What is the Best Coffee from Mexico? Mexican Coffee Characteristics and How to Brew Pour-Over Mexican Coffee
Professional coffee knowledge exchange and more coffee bean information. Please follow Coffee Workshop (WeChat official account cafe_style). Coffee first arrived in Mexico in the late 18th century, introduced by Spanish settlers. Today, the country produces a considerable amount of coffee, although its status as a global coffee producer has significantly diminished due to the entry of non-traditional Arabica coffee producers.
2018-09-15 Mexico best coffee what characteristics pour-over how to -
Valued at 100 Million Per Store, the TIMECAFE Brand Suddenly Closes All Locations Overnight?!
For professional coffee knowledge exchange and more coffee bean information, please follow Coffee Workshop (WeChat public account: cafe_style). For more specialty coffee beans, please add FrontStreet Coffee's private WeChat account: qjcoffeex. Recently, a Xiaohongshu user reported that TIMECAFE's dozen offline stores were all closed overnight.
2022-11-06 coffee shop closure TIMECAFE brand coffee industry business valuation retail shutdown -
Former Employee Accuses Manner Coffee of Reducing Wages During Pandemic! Manner Responds Will Pursue Legal Action
Basic salary calculated and paid by the hour; 2. April without shortage of working hours, receiving 80% of Shanghai minimum wage (after social insurance and housing fund) of 2,072 yuan. Employees were asked to choose their preferred plan and confirm with handwritten signature on a screenshot. The poster mentioned the salary was due on the 10th, while this WeChat screenshot was taken at 10 PM on May 9th
2022-05-13 Manner Coffee pandemic wage reduction former employee labor dispute Shanghai minimum wage -
The Easiest Way to Brew Coffee Powder_How to Make Coffee Without Tools?
For professional coffee knowledge exchange and more coffee bean information, please follow Coffee Workshop (WeChat official account: cafe_style). If you bought a bag of coffee powder, how can you make a cup of coffee at home with the lowest cost? The only thing you need is a teapot with a stainless steel filter - the simplest and most affordable option. However, the simplest method doesn't necessarily mean it tastes good. The consequence of sacrificing professionalism is a decline in quality.
2019-09-30 coffee powder easiest brewing method tutorial without tools how to -
2023 Coffee Market Status and Outlook Analysis: How Has the Coffee Market Gradually Become "Prominent"?
Since the rise of Luckin Coffee, with the attraction of "good coffee, actually not expensive," it has attracted a large number of high-frequency consumers. The coffee industry has suddenly become very prominent. Internet-based coffee brands like Lián Coffee and Luckin Coffee have rapidly expanded with capital backing, even leading to claims that China's coffee market is a trillion-yuan market.
2023-03-17 2020 coffee market status analysis how step by step become prominent -
Coffee Trading Models: Understanding Fair Trade Auctions, Direct Trade, and More
In his book, James Hoffmann outlines four primary coffee trading models: partnership coffee, direct trade, fair trade, and auction coffee. While the distinctions between these models may seem apparent from their names, FrontStreet Coffee invites you to delve deeper into the specific details of each approach.
2021-07-31 coffee beans trading models what types coffee green beans fair trade auction how -
Latest News from Kenya Coffee Regions: Coffee Bean Market Auction Sees Increased Trading Volume
Professional coffee knowledge exchange. For more coffee bean information, please follow Coffee Workshop (WeChat official account: cafe_style). Compared to the same period last year, Kenya's coffee revenue grew by 93% at the end of February this year, driven by favorable prices, high sales volume, and the weakened Kenyan shilling which boosted exports. A market report from the Nairobi Coffee Exchange (NCE) shows that coffee beans in February
2021-03-04 due to weakened shilling and demand february Kenya coffee revenues growth -
International Arabica Coffee Trading Prices Expected to Rise by Year-End!
Professional coffee knowledge exchange, more coffee bean information, please follow Coffee Workshop (WeChat public account: cafe_style). According to a London Reuters survey of 11 traders and analysts on February 2: The market will face an Arabica coffee supply shortage next season after digesting the current surplus, with prices expected to be nearly 8% higher than current levels. According to the median forecast of survey participants,...
2021-02-09 International Arabica Coffee Trading Prices Expected Year-End Rise Professional -
The Impact of the Ethiopia Commodity Exchange on the Coffee Market & Flavor Profile of Buku Coffee Beans
In Ethiopia, coffee is the primary source of foreign exchange for the country. It is the main export commodity that earns valuable foreign currency for the nation. However, coffee also has a vibrant domestic market.
2021-07-05 Ethiopia commodity exchange coffee market impact Buku bean flavor -
Detailed Explanation of Ethiopian Coffee Trading System: The Relationship Between Ethiopian Coffee Bean Prices and Quality
Professional coffee knowledge exchange For more coffee bean information Please follow Coffee Workshop (WeChat official account cafe_style) According to Ethiopian regulations, there are three coffee export systems: (1) The largest system of private processing plants exported through ECX bidding; (2) The cooperative system; (3) The single farm system. Among these three systems, cooperatives and single estates do not need to disclose
2018-08-13 Ethiopia coffee trading system detailed explanation coffee beans price quality relationship