heytea is the biggest competitor for starbucks - foodtechnews.asia

After the Luckin coffee recent scandal, one may wonder, if cheaper coffee can still be bought with coupons. One may also think that Luckin coffee is the biggest competitor of Starbucks in China. However, in reality, Heytea milk tea will be the biggest competitor of Starbucks as Heytea is expanding its offering and venture into the coffee business, expanding its market in China.

Heytea is a famous milk tea brand in China. When . . .

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

You May Also Like

OATSIDE, Singapore’s first oat milk brand, raised US$65.6 million in Series A funding

On August 8, 2022, Vegconomist reported that documents from the Accounting and…

Heytea opened a science research center

Recently, The leading Chinese bubble tea brand, Heytea, has established the first…

Australian v2food raised US$ 55M Series B investment

Australian plant-based startup ,v2food, raised a US$55 million series B investment. It…

The cheese industry is gaining momentum in China 

The children’s cheese stick market is showing great momentum in the last…

Blue Bottle Coffee opens in Hong Kong

Premium coffee chain Blue Bottle Coffee soft opens its first Hong Kong…