Showing 12 of 47 posts with this tag
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.
HeyTea, a beverage brand in China, announced on Thursday that it has completed product price adjustments started in January of this year.
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.
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.
In one month, Chinese Starbucks customers will no longer need to wait in line for their cup of coffee as the coffee giant forms new partnership with the Alibaba...
Luckin Coffee, the Starbucks challenger in China, is seeking to raise up to $510 million in the U.S. initial public offering (IPO).
Starbucks is planning to open 600 new stores in China next year, thus operating 6,000 stores across 230 cities by the end of 2022.
Manner Coffee, a Shanghai-based coffee chain, announced on Tuesday that it will open more than 200 new cafes in 10 cities in China.
Many Chinese web users took to social media on Wednesday to comment that Starbucks has raised the price of various products by 1-2 yuan ($0.16-0.32), including americanos, lattes and a range of food items.
Faced with pressure from competitors such as Luckin Coffee and Tims China, Starbucks, which has always been known for its reserved attitude towards China, has been changing its strategy for tackling the country's domestic market.
Luckin Coffee, the Beijing-based Starbucks challenger, registered RMB 45 million ($6.7 million) worth of movable assets as collateral to Zhongguancun Sci-Tech Leasing, according to the National Enterprise Credit Information Publicity System.
It seems like any person at least moderately familiar with China would know that it’s a realm of tea.