Technology

Luckin Coffee scandal sparks demand from Chinese tech firms for auditors to check online metrics data




Chinese technology companies are increasingly hiring auditors and consultants to ensure accurate reporting of their operational metrics – information crucial to investors but out of the scope of traditional financial reporting audits – to boost market confidence and strengthen accountability.Internet companies listed in China and abroad, as well as those seeking an initial public offering, are asking auditors and consultants to validate common metrics data, from the number of daily active users…



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