Showing 12 of 31 posts with this tag
Chinese beverage chain HeyTea has denied a report on Wednesday that it has been carrying out major internal layoffs, claiming that its adjustment of a small number of employees is part of its normal business operations.
HeyTea is partnering with the Shenzhen-based food technology company Starfield to offer more vegetarian food options to customers.
Nayuki’s Tea on Wednesday announced that recent reports regarding food safety issues and the review of the regulatory authorities will not have any significant adverse impact on the group's operations and financial situation.
Cheese tea chain HeyTea is rumored to have completed a new round of financing led by Hillhouse Capital and Coatue with its post-investment valuation possibly exceeding 16 billion yuan.
On Wednesday, Seesaw Coffee announced it completed its A + round of financing, bagging over 100 million yuan, with HeyTea as a new investor, followed by Hongyi Baifu, an old shareholder. This is the first time HeyTea has invested in a coffee brand.
Dongfang Honghu recently completed an angel round financing of over 100 million yuan ($15.69 million), led by ByteDance.
On December 8th, the HeyTea Broadway store in New York officially opened for business, marking the official launch of HeyTea's development in the US market.
HeyTea, a beverage brand in China, announced on Thursday that it has completed product price adjustments started in January of this year.
Chinese leading upscale tea chain HeyTea is marching into the realm of healthy ready-to-drink products with 3 fruit tea sodas.
It seems like any person at least moderately familiar with China would know that it’s a realm of tea.
Two prominent Chinese coffee chains Seesaw and M Stand both raised considerable rounds that will go towards expansion, while prominent local AI firm 4Paradigm bagged over $230 million for R&D and ecosystem improvement.
With increasingly fierce competition in the Chinese tea-based beverages market, more and more domestic enterprises are turning their attention overseas.