Kamakailan lamang nakumpleto ni Dongfang Yuhu ang isang financing ng angel round na higit sa RMB 100 milyon (US $15.69 milyon), na pinangunahan ng byte beat.
In response to recent food safety problems, Starbucks China posted on its official Weibo account a statement on Monday saying that it had immediately closed two stores involved in a food safety scandal.
Luckin Coffee released its unaudited financial report for the third quarter of 2021 on Thursday. The data showed that its total net revenue in the third quarter was 2.35 billion yuan ($364.7 million).
Tang and his entrepreneurial story may someday become a classic case study taught in business schools. Whether about success or failure, it is certain to be extremely exciting.
On Wednesday afternoon, emerging beverage brand Genki Forest, saw the retail price of its products sold online for less than what it costs the company to produce the beverages.
On Thursday, Chinese beverage chain Luckin Coffee announced its financial results for the first half of 2021, showing total net revenue of 3,182.5 million yuan ($497.743 million)
It was reported that Genki Forest "is nearing completion of a new round of financing, with a target valuation of $14-15 billion, which is more than doubled compared with the previous round of $6 billion."
Chinese milk tea chain HeyTea on Tuesday announced it has secured $500 million in new financing, led by IDG Capital, He Boquan, Longzhu Capital, Sequoia China, BA Capital, Tencent, Hillhouse Group, Coatue and other investors.
चीनी दूध चाय श्रृंखला HeyTea ने मंगलवार को घोषणा की कि उसे नए वित्तपोषण में $500 मिलियन मिले हैं, जिसका नेतृत्व IDG Capital, He Boquan, Longzhu Capital, Sequoia China, BA Capital, Tencent, Gao'ao Group, Coatue और अन्य निवेशकों ने किया है।
