China's Luckin Coffee is set to launch in the US, attempting a comeback after facing financial fraud allegations. The coffee chain, known for its affordable prices and rapid expansion, had previously expanded globally before facing scrutiny over questionable accounting practices. Despite these challenges, Luckin Coffee appears determined to revamp its image and enter the competitive US market.

Source: https://www.ft.com/content/19175a16-1a90-466b-9f75-78598e9ccbe5