Ep. 65 (Extra Buzz Special): Luckin’s luck ran out - Tech Buzz China 英文科技评论

Episode 65 of<a style="color:#4990E2;text-decoration:none;"> Tech Buzz China</a> is a special one — a reading of the seventh issue of <a style="color:#4990E2;text-decoration:none;">Extra Buzz</a>, our new biweekly newsletter written by co-host Rui Ma. Listen (and read along) to follow Rui’s thoughts on the biggest story in China tech last week: the alleged fraud of China’s on-demand coffee company, Luckin Coffee 瑞幸咖啡. At its core, we at Tech Buzz believe Luckin is a story of information asymmetry, with voices on either side of the Pacific at times seeming to be telling different stories altogether. Rui explains why investors and other observers who did the proper digging would never have been bullish, or mistaken Luckin for Starbucks. <p style="co...