May 12, 2020 / 3:05 PM / 15 days ago

Luckin Coffee terminates CEO, COO amid accounting probe

May 12 (Reuters) - Luckin Coffee Inc has fired its chief executive and chief operating officers following an internal probe on fabrication of annual sales numbers, the Chinese coffee chain said bit.ly/3cD4jLC in a filing on Tuesday.

The company has appointed Jinyi Guo, a board director and a senior vice president, as its acting chief executive officer. (Reporting by Nivedita Balu in Bengaluru; Editing by Vinay Dwivedi)

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