Blue Bottle Opened First Chinese Store In Hong Kong
Boutique coffee brand Blue Bottle recently opened a store in Central, Hong Kong, which is the brand's first outlet in China.
Food & Beverage
Yum China Completed Acquisition Of Huang Ji Huang
According to reports in Chinese local media, Yum China recently announced its formal completion of the acquisition of a controlling interest in Huang Ji Huang, a leading Chinese-style casual dining franchise.
Junlebao Gained CNY1.2 Billion Strategic Investment From Sequoia Capital
According to reports in Chinese local media, Sequoia Capital China has formally completed its strategic investment of over CNY1.2 billion in Shijiazhuang Junlebao and the company became the largest institutional shareholder of the Chinese dairy…
Starbucks To Build Coffee Roasting Factory In Kunshan
Starbucks announced that the company would invest CNY900 million to build a "coffee innovation industrial park" in Kunshan, Jiangsu Province.
Sanquan Reported Net Profit Up 107% In 2019
Chinese quick-frozen food maker Sanquan recently published its performance report for 2019, stating that the company realized operating revenue of CNY5.992 billion during the reporting period, a year-on-year increase of 8.16%; and its net profit…
Yum China Operating Revenue Up 9% In 2019
Yum China recently published its financial report for the fourth quarter and the entire year of 2019.
Heytea To Open Store In Tokyo In March 2020
According to reports in Japanese local media, China's Heytea has placed a recruitment notice on Japan's largest recruitment website Pasona, indicating its entry into the Japanese market.
Kweichow Moutai Predicted Net Profit Up 15% For 2019
Chinese liquor maker Kweichow Moutai recently published its production and operation status for 2019.
JD Supermarket, Ferrero Reached Strategic Cooperation For Supply Chain Distribution
JD Supermarket and Ferrero recently signed a strategic cooperation agreement, under which the two parties will implement cooperation in four sectors, including joint user operation, joint big data new product development, all-scenario marketing ecology construction,…
Mengniu's Acquisition Of Bellamy's Approved By Australia
Chinese dairy company Mengniu announced that its acquisition of Bellamy's gained new progress and it was formally approved by the Australian government.