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Luckin Coffee Still Expanding Full Steam Despite Sales Scandal

  • Company opening 10 outlets a day even as shares suspended
  • Luckin apologizes to employees for $310 million fraud
People wearing protective masks wait at a Luckin Coffee Inc. outlet in Shanghai.

People wearing protective masks wait at a Luckin Coffee Inc. outlet in Shanghai.

Photographer: Qilai Shen/Bloomberg

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Luckin Coffee Inc. is opening stores at a breakneck pace in China and pledging internal company change as it tries to move beyond an escalating scandal involving $310 million in fraudulent sales.