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Genki Forest's Financing Journey: Genki Forest Denies New Funding Round Skyrockets Valuation to $4 Billion!
Professional coffee knowledge exchange For more coffee bean information, please follow Coffee Workshop (WeChat public account: cafe_style) China's beverage industry dark horse Genki Forest has reportedly been seeking a new financing round of $500 million. On January 25th, media reported that Genki Forest is considering a new financing round, seeking to raise $500 million. Upon completion of this financing round, Genki Forest's valuation may reach
2021-01-25 Genki Forest financing journey denies new round valuation skyrockets 4 billion -
Luckin Coffee Fraud Scandal Follow-up: Luckin Coffee Announces Completion of Financing Milestone with Bright Future Prospects
For professional coffee knowledge exchange and more coffee bean information, please follow Coffee Workshop (WeChat official account: cafe_style). According to Zhitong Finance APP, on June 15th, Luckin Coffee (OTC: LKNCY) announced that it has completed a financing milestone based on the restructuring support agreement (RSA) signed with holders of the company's $460 million convertible preferred bonds due in 2025.
2021-06-17 Luckin Coffee Fraud Scandal Follow-up Announces Completion Financing Milestone Development -
Heytea Responds to Rumors About Acquiring Nayuki - What's the Relationship Between Heytea and Nayuki?
2021 was an active year for the new-style tea market. First came round after round of financing. According to an article by New Consumer Reference, tea brands completed 15 financing deals in the first half of 2021, with disclosed amounts exceeding 5 billion yuan. The number of financing events and disclosed amounts had already surpassed the entire year of 2020. This was followed by Nayuki's Tea becoming the first tea stock to officially list on the Hong Kong Stock Exchange on June 30th, with each share priced at...
2021-07-20 Heytea acquisition Nayuki incident rumors response relationship 2021 -
Valued at 100 Million Per Store, the TIMECAFE Brand Suddenly Closes All Locations Overnight?!
For professional coffee knowledge exchange and more coffee bean information, please follow Coffee Workshop (WeChat public account: cafe_style). For more specialty coffee beans, please add FrontStreet Coffee's private WeChat account: qjcoffeex. Recently, a Xiaohongshu user reported that TIMECAFE's dozen offline stores were all closed overnight.
2022-11-06 coffee shop closure TIMECAFE brand coffee industry business valuation retail shutdown -
ChaYanYueSe Responds to Queue Controversy: 'Not Marketing Hype!' But Sina Finance Offers Counter-Argument
Yesterday, the opening of two ChaYanYueSe stores in Nanjing caused such massive queues that subway station entrances had to be closed, drinks sold out within 5 minutes of opening, and numerous scalpers appeared reselling beverages. The situation even required special police deployment to maintain order, sparking heated discussions across the internet. Many netizens have suggested that this was caused by hiring people to queue and arranging proxy purchases for marketing hype...
2022-08-19 ChaYanYueSe marketing hype long queues Nanjing store opening Sina Finance -
Luckin Coffee Pays 1.2 Billion Fine! Lu Zhengyao Affects Investor Financing for Luckin
On February 4th, documents submitted by Luckin Coffee to the U.S. Securities and Exchange Commission (SEC) showed that Luckin Coffee has met the conditions of the previously reached settlement agreement with the SEC, at the cost of paying a $187.5 million fine (approximately 1.2 billion RMB) in exchange for the SEC ceasing to pursue Luckin Coffee's
2022-02-05 Luckin Coffee Lu Zhengyao SEC fine investor financing -
Lincang District of Lincang City, Yunnan Launches Five Support Policies to Promote Healthy Development of Coffee Industry
First, seedling subsidy policy. Starting from 2012, upon passing acceptance inspections, the district finance department provides a subsidy of 60 yuan per mu to coffee companies. Second, cultivation and management reward policy. The district finance department includes coffee cultivation funds in the budget at a rate of 50 yuan per mu annually, establishing special reward funds, and distributes assessment rewards according to 10 yuan per mu for work expenses, 20 yuan per mu for planting rewards, and 20 yuan per mu for nurturing and management.
2014-05-13 coffee powder coffee beans coffee machine instant coffee -
Poaching Baristas, Snatching Franchisees... Lu Zhengyao Accused of Undermining Luckin Coffee
Recently, Time Finance reported that the "close-quarters battle" between Cotti Coffee, founded by Lu Zhengyao, and Luckin Coffee has become increasingly intense, now spreading to talent competition. The report indicates that some potential merchants originally interested in franchising with Luckin have been attracted by the reputation of the "former Luckin founder" and attractive franchise policies
2023-03-19 Lu Zhengyao Cotti Coffee Luckin Coffee franchise war talent poaching -
Luckin Coffee Trading Halted - Is Luckin Coffee Trading Halted - Luckin Coffee Announces Suspension and Lawsuit
Professional coffee knowledge exchange More coffee bean information Please follow Coffee Workshop (WeChat public account cafe_style) FrontStreet Coffee - Luckin Coffee Trading Halted The coffee industry has been quite turbulent recently, with a globally escalating event - Luckin Coffee's fabrication of 2.2 billion yuan in transactions. What makes this matter particularly noteworthy is that Luckin Coffee self-reported this issue. As a publicly traded company, such a serious fraud incident exposed
2020-04-07 Luckin coffee trading halt announcement lawsuit professional knowledge exchange more -
Tims China Listed on NASDAQ! Raising Nearly $200 Million
For professional coffee knowledge exchange and more coffee bean information, please follow Coffee Workshop (WeChat official account: cafe_style). For more specialty coffee beans, please add the private WeChat of FrontStreet Coffee, WeChat ID: qjcoffeex9. On September 29, the Chinese business of global coffee chain brand Tim Hortons (
2022-09-30 Tims China NASDAQ listing coffee chain IPO financing Tim Hortons China coffee business stock market -
Global Capital Shows Strong Interest in Chinese Chain Coffee Brands: China's Coffee Market Expected to Reach Trillion-Yuan Scale by 2025!
Have you noticed more coffee shops popping up in your neighborhood over the past two years? Whether in urban centers or suburban areas, coffee shops are becoming increasingly visible. According to data, in 2020, 22,700 new coffee shops were registered nationwide, with the coffee market reaching 300 billion yuan. By the first 10 months of 2021
2021-12-02 Chinese coffee market chain coffee brands coffee industry growth global investment market forecast -
The Current State of Fresh Ground Coffee Market: New-Style Tea Brands Enter the Coffee Race
For more professional coffee knowledge exchange and coffee bean information, please follow Coffee Workshop (WeChat official account: cafe_style). For more specialty coffee beans, please add FrontStreet Coffee's private WeChat account: qjcoffeex. Today's new tea beverage market competition has long evolved from within the industry to beyond it. New tea brands entering the coffee space seems...
2022-12-07 fresh ground coffee market new-style tea brands coffee industry tea beverage market coffee competition -
Trends in China's Coffee Consumption Market: Are Emerging Coffee Brands on the Rise or Decline?
Professional coffee knowledge exchange and more coffee bean inquiries, please follow Coffee Workshop (WeChat public account: cafe_style). "Emerging coffee brands" has become a relatively new topic in recent years. Last year, various industries were affected by the COVID-19 pandemic, and many coffee shops suffered heavy blows as a result. Numerous coffee shop owners faced operational crises and ultimately had to close their businesses.
2021-05-27 China coffee consumer market trends emerging brands -
The Resilient Helena Estate Owner: Ethiopia Yirgacheffe Natural Process
Professional coffee knowledge exchange For more coffee bean information Please follow Coffee Workshop (WeChat public account cafe_style) FrontStreet Coffee - Ethiopia Yirgacheffe Helena Natural Process Introduction The natural process is Ethiopia's most traditional method of processing coffee. After harvesting the fresh cherries, the fruit skin and pulp are not removed, but the entire fruit is dried in the sun. Helena learned her skills from her father
2020-02-22 Ethiopia Yirgacheffe Helena Natural Process resilient powerful perseverance -
Who is Drinking 35 Yuan County Coffee? Netizens: That Expert from a Few Days Ago!
Last night, the topic "Who is drinking 35 yuan county coffee" once again became a trending topic on Weibo. Some netizens expressed confusion about where the focus should be, criticizing each keyword in the topic - "35 yuan," "county," and "coffee" respectively. Many netizens also stated, "Definitely not me,"
2023-03-11 county coffee 35 yuan coffee social media trending consumer behavior coffee market -
Bubble Tea Franchise: Yi Dian Dian Franchisees Flocking to HEYTEA?!
For more professional coffee knowledge and coffee bean information, please follow Coffee Workshop (WeChat ID: cafe_style). For more specialty coffee beans, please add FrontStreet Coffee's private WeChat: qjcoffeex
2022-11-16 Bubble Tea Franchise Yi Dian Dian HEYTEA New Tea Beverage Coffee Industry -
Sumida River Coffee Announces Global Brand Ambassador Sumida River Coffee Collaborates with Xiao Zhan
For professional coffee knowledge exchange and more coffee bean information, please follow Coffee Workshop (WeChat public account: cafe_style). Recently, Sumida River Coffee posted posters like the one below in major cities. In the posters, the person's face was intentionally obscured by the Sumida River Coffee brand, aiming to build anticipation for the announcement of a global brand ambassador on June 22nd. Sumida River Coffee's official Weibo account posted yesterday, June
2021-06-23 Sumida River Coffee announces global brand ambassador Xiao Zhan collaboration cooperation -
Everyone's Pour-Over? Seesaw Opens First Pour-Over Coffee Themed Store
For more professional coffee knowledge and coffee bean information, please follow Coffee Workshop (WeChat public account: cafe_style). For more specialty coffee beans, please add FrontStreet Coffee on WeChat: qjcoffeex. In recent years, the domestic coffee consumption market has been rapidly expanding, with local coffee brands rising strongly, and people's expectations for coffee quality continuing to increase.
2022-12-05 coffee pour-over specialty coffee hand brew -
How Much Does It Cost to Franchise a Mixue Ice Cream & Tea Store, and How Does Mixue Make Money?
For more professional coffee knowledge and coffee bean information, please follow Coffee Workshop (WeChat public account: cafe_style). Recently, it's impossible to browse Bilibili or Weibo without seeing mentions of Mixue Ice Cream & Tea. Mixue has won everyone's forgiveness with its catchy theme song. Just over a month ago, Mixue was still dealing with food safety issues, but in less than a month, a theme song has
2021-06-23 Mixue ice city franchise cost how much what making money -
Kenya Coffee Production Quality Decline? Government Plans to Revitalize Coffee Growers Through Coffee Futures
Professional coffee knowledge exchange. For more coffee bean information, please follow Coffee Workshop (WeChat official account: cafe_style). The impacts of climate change and serious governance strategies in Kenyan coffee cooperatives are affecting the performance of Kenya's coffee industry, while COVID-19 is weakening the country's coffee export market performance. According to data from the United States Department of Agriculture (USDA), due to the main coffee harvest in 2020...
2021-01-31 Kenya coffee production quality decline government plan through futures revitalization