where he remarked that Yunnan coffee represents China. Xi's words resonated with Eric Baden, a Shanghai-based German coffee entrepreneur who has been involved in the Yunnan coffee business for ...

China's premium tea chain Chagee has filed for a Nasdaq listing, and is hoping to impress U.S. investors with its growth ...

Starbucks lost millions of customers last year — and now faces a rapidly-expanding Chinese competitor for American coffee ... in China — Luckin’s rapid expansion from 10,000 stores just ...

Industry leaders are warning Sydney coffee ... stores in America, Luckin opened more than 1300 outlets in just three months late last year and now operates more than 22,000 locations across China.

ice cream and coffee. Nearly 60 per cent of Mixue stores in China are in cities categorised by the company as “third-tier or below”. Mixue says it relies on a franchise model to grow its ...

It has since made a strong comeback and now dominates China’s coffee market with over 21,000 stores nationwide as of September, outselling U.S giant Starbucks. It has also been expanding overseas, ...

It has 45,000 stores in mainland China and 11 other countries through a major franchise network, the filings show. Mixue, famous for its ... fruit and tea drinks, coffee and ice cream, typically ...

ice cream and coffee. Nearly 60 percent of Mixue stores in China are in cities categorised by the company as "third-tier or below". Mixue says it relies on a franchise model to grow its brick-and ...