Centurium Capital
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3 days ago · Nowwa Coffee reportedly secures investment worth hundreds of millions of yuan. The Shanghai-based coffee chain will use the funds to strengthen its supply chain, develop new health-focused beverages, expand its 1,800-store Chinese footprint and explore international opportunities.
3 days ago · Nowwa Coffee bagged hundreds of millions of Chinese yuan, equivalent to tens of millions of US dollars, in a Series B++ fundraiser, the Shanghai-based company recently announced. The latest round was led by Ningbo Yongshan Investment, Peakview Capital, V Star Capital, and others, it added. The proceeds will mainly go for supply chain upgrades ...
3 days ago · The company plans to have 500 to 600 Kcoffee stores across China this year. According to Mintel Group, a market research institute, the number of on-premise coffee shops of all brands in China has ...
3 days ago · However, with the coffee market becoming increasingly saturated, the company has turned its sights to a new frontier: tea. In a strategic move to diversify its product offerings, Luckin Coffee has launched a series of jasmine-flavored light milk tea beverages, targeting the emerging tea market dominated by HeyTea and Yunnan-based Chagee.
3 days ago · Luckin Coffee Inc. offers retail services of freshly brewed drinks, and pre-made food and beverage items in the People's Republic of China. It offers hot and iced freshly brewed coffee, such as Americano, Latte, Cappuccino, Macchiato, Flat White, and Mocha, as well as specialty coffee based on market and seasonal trends; coconut milk latte ...
- 865.9B
- 75K
- ir@luckincoffee.com
4 days ago · Despite the overall decline in funding, Tech in Asia data shows that in 2023, coffee firms still accounted for more than half of all investments in Southeast Asia’s F&B sector. One of the ...
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3 days ago · A recent report revealed that China's coffee industry reached 265.4 billion yuan ($32.29 billion) in size last year, with market projections estimating it to grow to 313 billion yuan in 2024. The ...
