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News

36 Kr
eu.36kr.com > en > p > 3978165167242248

Why Deep-Pocketed Middle Eastern Investors Invest 6.7 Billion Yuan to Stake in Luckin Coffee – Key Goals Unveiled

7+ hour, 30+ min ago   (1484+ words) Hot money from the Middle East has also begun to pour into China to take stakes in Luckin! According to the "Drinks Circle" report: Luckin raised 1 billion US dollars in financing, and Middle East tycoons made a move! On September…...

eu.36kr.com
eu.36kr.com > en > p > 3977057870573831

Luckin Coffee Secures 7 Billion Yuan Financing Backed by Prominent Middle Eastern Wealthy Families

1+ day, 6+ hour ago   (775+ words) According to PE Daily, today (September 10), Mubadala Investment Company, the Abu Dhabi sovereign wealth fund, announced that it has reached an agreement to make a strategic investment in Luckin Coffee. This investment is jointly completed by Mubadala together with Centurium…...

36 Kr
eu.36kr.com > en > p > 3972816468635907

The Humble Unsung Hero of the Beverage Category Takes Center Stage at Convenience Stores

4+ day, 4+ hour ago   (1557+ words) The hottest summer on record is drawing to a close. Apart from the life-saving air conditioners, a once most overlooked product is stepping into the lives of more and more young people, that is, the iced cup. In the past,…...

36Kr
eu.36kr.com > en > p > 3966950212967688

"Crazy" Rice Trend: Half the Beverage Industry Jumps on the Bandwagon – Top Brands Hit 100 Million Cups in Sales

1+ week, 1+ day ago   (1416+ words) Rice, the most humble staple food, has been going viral in the beverage industry recently. Rice is "breaking into" beverage cups in forms such as fermented rice, rice mochi, rice pudding, rice milk base and rice ice cream, transforming from…...

36 Kr
eu.36kr.com > en > p > 3963126047554949

New-Style Tea Beverage Enterprises Prioritize Individual Store Quality After Entering the 10,000-Stores Era

1+ week, 4+ day ago   (854+ words) On August 28, as ChaPanda released its 2026 interim performance announcement, six listed new tea beverage companies have successively delivered their first-half results this year. In addition to Mixue Group (02097.HK), Guming (01364.HK) and Auntie Shanghai (02589.HK) have also entered the era…...

36 Kr
eu.36kr.com > en > p > 3961347723853193

200 Cups Daily Average! Coffee Found With "Screws", Yet Young People Still Vie to Check In?

1+ week, 5+ day ago   (1140+ words) A screw in your coffee? Most people's first reaction would be to file a complaint. Recently, at a coffee shop in Qingdao, a latte with a "screw" floating on top not only received no negative reviews, but also attracted a…...

36 Kr
eu.36kr.com > en > p > 3953536726187393

The Collapse of Hangzhou's Viral Coffee Industry: Hundreds of Stores Shut Down, 100 Million Yuan Wasted Within 5 Years

2+ week, 3+ day ago   (1183+ words) If Li Xiao, the founder of T97, had not voluntarily "confessed" on his personal social media platform, many people might have long forgotten this coffee brand. Li Xiao, founder of T97, exposed his entrepreneurial failure on social media When Tianxia Wenshang searched…...

36氪
eu.36kr.com > en > p > 3954354291938951

Starbucks' China-Launched Purple Yam: Vying by Costco & Trader Joe's – The Next Matcha Trend?

2+ week, 3+ day ago   (1186+ words) No more envying overseas markets! The wildly popular dreamy Ube latte that took global social media by storm has finally landed in China! "What exactly does Ube, the drink that every Western and Korean young woman carries in their hand,…...

36Kr
eu.36kr.com > en > p > 3952823184539012

Tims China: Unable to Match Starbucks’ Premium Positioning or Replicate Luckin Coffee’s Success

2+ week, 4+ day ago   (1706+ words) The situation of Tims China is getting increasingly worse. The first quarter was already tough, and the second quarter saw further decline. Even Zhang Guohua, the brand's new CEO, frankly described the performance as "disappointing". Looking at the first quarter…...

36 Kr
eu.36kr.com > en > p > 3947542108673672

July 2024 Tea & Coffee Store Opening Ranking: 4560 New Stores Added, 6900 Closed - Industry Analysis

3+ week, 5+ hour ago   (454+ words) The newly added brands all have certain scale or regional influence, covering both the tea drink and coffee categories to enhance the representativeness of samples. The excluded brands are no longer included in the monitoring scope due to the adjustment…...