The Luckin Coffee SEC filing is out. So we can finally see their numbers. This is Part 2 of what I think is being misunderstood about Luckin. Part 1 is here. #5: Luckin is not really about increasing mass-market coffee consumption in China. Luckin is engaged in a Herculean effort to get Chinese to drink […]
So Luckin has filed for an IPO and we finally got to see their numbers. And yes, there are red flags all over the place. Big operating losses, funky corporate structures, speculative revenue growth and so on. And this is not uncommon in a tech / internet ipo. But I don’t recall ever seeing this […]
About three years ago, I decided I would write an article a week. That would be my plan. Simple. I had been trying to write brilliantly for a long time and that wasn’t working, So I would just go with endurance. And, perhaps, I might finally escape obscurity as a professor and author. But first…please […]
Link is here
a fun spot on google AI in china