Coffee Brand Seesaw Coffee Completes A++ Round Financing
Seesaw Coffee has completed an A++ round financing worth several hundred million yuan. This round of financing was led by BA Capital and followed by Costone Capital.
2/28/20223 min read
Tag: #Coffee Chain
Showing 12 of 51 posts with this tag
Luckin Coffee Resolves All Claims In Securities Class Action; Files 2020 Financial Report
On Tuesday evening, Luckin Coffee issued three announcements. The first was that the company had entered into a binding agreement to settle its US securities class action lawsuit with the lead plaintiffs.
9/22/20213 min read
Luckin Coffee Denies Short Selling Allegations As Share Price Rebounds 15.6%
Shares of Luckin Coffee, Chinese coffee retail chain, rose 15.6% to $36.24 in afternoon trading on Tuesday, closing at $36.63 after hours.
2/5/20202 min read
Tim Hortons China's Stock Price Disappoints Shareholders One Month After Listing
It has been more than a month since the Chinese business of Canadian coffee chain Tim Hortons went public on the Nasdaq, but so far, the coffee company that is trying to become the second Starbucks has not performed well in the US stock market.
10/31/20223 min read
Dangdang Founder Accuses Luckin Coffee of Monopolizing Ethiopian Coffee Beans
Recently, Li Guoqing, founder of Chinese e-commerce platform Dangdang, released a video questioning Luckin Coffee's purchase of nearly half of the available Hambella coffee beans.
1/12/20222 min read
Tim Hortons China Edges Closer to US Listing
Canadian coffee chain Tim Hortons has recently made further progress in plans to list its Chinese business division in the US. Silver Crest, a special purpose acquisition company, will hold a general meeting regarding the merging matter on August 18.
8/12/20223 min read
Starbucks Launches its First Virtual Store
Powered by technology from Alibaba, Starbucks launched its first virtual store in China on Dec. 14, providing a unified, one-stop digital experience across the ...
12/14/20182 min read
Ofo Founder Launches New Coffee Brand 'About Time' Amid Controversy
Dai Wei, known for founding the troubled bike-sharing firm Ofo, has launched a new coffee chain in the United States named 'About Time' Coffee
Manner Coffee Launches Delivery Services in China
Coffee chain Manner Coffee announced last Sunday that it will launch delivery services in Beijing, Shanghai, Shenzhen and other cities by cooperating with food delivery giant Meituan.
3/14/20222 min read
Luckin Coffee Suspends Recruitment for Operator of Partnership Stores
On August 22, Chinese coffee chain Luckin Coffee issued a statement on infringement phenomena about its partnership model, saying that it has suspended the recruitment of partnership store operators with uncertain reopening timetables.
8/22/20222 min read
Starbucks Launches Curbside Service in China with AutoNavi
On March 21, Starbucks launched a brand-new retail channel in China called "Starbucks Curbside" through its collaboration with Alibaba-backed web navigation company AutoNavi, providing orders to customers on the go.
3/22/20233 min read
Luckin Coffee Denies Plan for Hong Kong IPO
News emerged on Monday that Chinese beverage chain Luckin Coffee is considering carrying out a public listing in Hong Kong as its business gets back on track. However, the company issued a statement denying such reports.
5/10/20222 min read