Can Luckin Coffee duplicate its success also in small cities in China/ food tech news Asia
Can Luckin Coffee duplicate its success also in small cities in China?

With the current fierce competition in the coffee market in the first- and second-tier cities in China, "open coffee shops in a small city" has become a strategy for many coffee brands to seek a second chance. For example, according to Luckin Coffee's recruitment "new retail partner" plan released in early 2021, the first batch of 157 cities to open new coffee shops, are basically third- and fourth-tier cities.

However, the coffee business in small cities is . . .

This content is restricted to members only. Please press this link to register. Already a member? Please login.

You May Also Like

Chinese fruit retail chain Pagoda prepping overseas IPO

According to the disclosure on the website of China Securities Regulatory Commission,…

Potato Sets Group Entered the Plant-Based Food Industry

low-carb mashed potato powder that Potato Sets Group developed/foodtechnews.asia

Fast-entry to the Chinese market with baby formula

In the new era, both foreign and domestic brands are trying to…

The Daily Cut is targeting the Chinese salad market

Recently, after raising an investment of over US$140,000, The Daily Cut is…

Angel Yeast is moving forward with its growth and innovation plans

Angel Yeast is a leading China-based company that mainly engages in the…