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The recently-published report from Alipay on the consumption of bubble tea shows that southerners in China are more likely to drink bubble tea than northerners.
In February 2021, the global bubble tea franchise, Happy Lemon, used its cooperation with Chinese plant-based milk brand, OHNUT, and launched plant-based milkshake. The new
Guliduo, a sub-brand of dairy giant Yili, recently launched a new product called Baonuan Milk (warm milk) with a unique packaging that enables it to
The beverage giant, Coca-Cola China, launched two functional soda water drinks featuring zero-sugar and zero-fat for a price of 4 RMB (US$0.62) per bottle. The
The Canadian coffee giant Tim Hortons has raised a new round of funding in China, led by Sequoia China, and followed by Eastern Bell Capital.
Yes, you read it right; a bubble tea chain opened a coffee shop! When a strong consumer brand in China decides to diversify, coffee is
Chinese dairy giant Mengniu launched sparkling water with active probiotics under its sub-brand Youyi-C. Apparently,
Chinese beverage giant, Wahaha, launched a new product – collagen peptide AD calcium milk, which
Bubble tea has gradually become an indispensable part of young people’s life in China. Recently,
Yes, we did mention and posted so many articles about the coffee segment in China;
Plant-based milk Daily Box has secured millions of RMB from angel round financing, exclusively invested by CYANHILL Capital. The fresh funding will be mainly used
BLC (Bunge Loders Croklaan), a global leader in specialty oils and fats solutions for the food industry, launched Betapol® Select, a premium lipid ingredient for
On January 26, China’s Minister of Commerce Mr. Wang Wentao formally signed an upgraded agreement of free trade through a virtual ceremony with New Zealand
On January 28th, the world’s largest beverage company, Coca-Cola, has opened a new online fashion store on Tmall China to sell casual clothes, bags, and
Alcohol is an important component of Chinese cuisine and culture. Baijiu (Chinese liquor) is one of the 6 world-famous varieties of spirits (the other five
On January 26, global coffee giant Starbucks reported its Q1 fiscal 2021 results for 13 weeks from September 28, 2020, to December 27, 2020. The
A new functional brand Nelo has completed a Series A fundraising worth tens of millions of RMB from IDG Capital and Bertelsmann Asia Investments (BAI)
Yili Xinhuo, a milk powder brand aimed at middle-aged consumers in China, has signed a strategic cooperation with a famous Chinese herbal medicine brand, Tong
Los Angeles-based Beyond Meat, a pioneer in plant-based meat, announced its partnership with Jingdingxuan (JDX), a popular 24-hour Chinese restaurant chain in Beijing, to bring
China’s leading fast-food chain Dicos partners with the US startup brand JUST Egg to launch 7 products with plant-based eggs across more than 500 locations.
Chinese popular sparkling water brand Genki Forest (Chinese name: Yuanqisenli) has invested 130 million RMB (US$20.1 million) to build a yogurt production line in Chuzhou
One of the Chinese dairy giants, New Hope Dairy Holdings announced that it will acquire 60% equity of A Yogurt Cow, a domestic yogurt and
In recent years, market value management has been taken seriously by listed companies, because the market value reflects the capital market’s assessment of the company’s
Established in Hong Kong and expanding to Asia and the world, plant-based meat firm Green Monday officially opened its first restaurant in mainland China, named
In the food & beverage (F&B) industry, packaging and products are equally important. F&B Packaging can not only attract consumers’ attention and create a “first impression”, but it can also provide protection for the product
Recently, a Chinese health food brand Haomaiduo has secured a new round of financing with a total of 150 million RMB (US$23 million), led by ZWC Partners, and co-investment with ZERO2IPO Fund of Fund and
Chinese bubble tea brand Heytea, one of the most innovative and upscale bubble tea chains, officially opened its Chinese-style theme store in Shenzhen, which is
The first IT strategic R&D center of McDonald’s China was officially opened in Nanjing. Located in Xuzhuang High-tech Zone, the center covers an area of
Recently, Bright Dairy Co., Ltd has subverted the traditional raw milk delivery model and became China’s first dairy company to transport domestic milk by air,
In November, China Mengniu Dairy released a new plant-based beverage named Oatist, which is an oat cereal beverage rich in dietary fiber and cholesterol-free. It
Yili, one of the world’s top five dairy companies, partners with Xiaomi, a Chinese multinational electronics and hi-tech company, to jointly launch “National Plan for
In Chinese culture, hot beverages are believed to promote blood circulation, while cold beverages can naturally cool the body down. The demand for hot drinks
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Auntea Jenny, a Shanghai-based bubble tea chain, recently has completed Series A financing of nearly 100 million RMB (US$15.2 million), led by Vision Knight Capital,
The major Japanese dairy maker brand, Meiji, announced that it plans to establish a new plant in Shanghai to boost its ice-cream production in China.
When it comes to Shuanghui, the first thing that comes to mind is a ham sausage. However, Shuanghui is breaking the image of a “traditional