Early Backer of Luckin Coffee Defaults on Margin Loan Facility

Posted on 04/08/2020


Charles Zhengyao Lu was an early backer of Luckin Coffee. Lu founded car rental company Car Inc. in 2007. Jenny Zhiya Qian is a former Chief Operating Officer at Car Inc. She helped push out Luckin Coffee Inc. in October 2017, raising over US$ 150 million from Lu and other investors. British Virgin Islands-based Haode […]

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