China's Luckin Coffee brews comeback plan with SE Asia foray

China's Luckin Coffee brews comeback plan with SE Asia foray

A customer exits a Luckin Coffee outlet in Beijing, China, on Tuesday, Jan. 15, 2019. Photographer: Gilles Sabrie/Bloomberg

China’s Luckin Coffee is taking a second shot at overseas expansion by planning an entry into Southeast Asia two years after it was investigated for accounting fraud, according to several industry sources.