Author: Neko no Ringo
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China Black Pearl Restaurant Guide Released
On March 31, Meituan released its latest “2022 Black Pearl Restaurant Guide”, the guide is a culinary benchmark for Chinese diners and is known as the Chinese version of “Michelin”.
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Every dog has its day: China’s largest second-hand trading platform – Xianyu
Xianyu is currently the largest second-hand trading e-commerce platform in China, similar to ebay in Europe and the United States and Mercari in Japan. Its Gross Merchandise Volume exceeds RMB 200 billion, according to a report for fiscal year 2021 (April 1, 2019 to March 31, 2020). But few people may know that its predecessor…
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Luckin Coffee: The number of stores in China has surpassed Starbucks
Despite the financial fraud scandal, Luckin is still a deserving coffee unicorn in China. By the end of 2021, its total number of stores had reached 6,024, surpassing Starbucks China’s figure of 5,557, for real.
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Lanzhou lamian, the Chinese fast food that doesn’t come from Lanzhou
Lanzhou lamian, because of its presence in the streets of various cities in China, is jokingly referred to by Chinese netizens as one of the three mysterious organizations in the Chinese restaurant industry. In fact, the traditional food of Lanzhou is called “Lanzhou Beef Noodle”, and there is an interesting evolution of why this Chinese…
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5 Famous Beijing Urban Legends
Beijing is the capital of China and has been the capital of five dynasties, with a very long history and cultural heritage. As a result, the urban legends of Beijing have a unique flavor compared to the urban legends of other regions in China. As the times evolved, new urban legends were born into the…
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The Chinese fresh ice cream & tea brand that exploded on the Internet with its theme song, Mixue Bingcheng
Most people may not expect that this ice cream & tea brand, which already has more than 20,000 stores, was started with an RMB 4,000 loan from his grandmother by its founder, Zhang Hongchao, and his business process is also full of ups and downs.
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Weilong, became a unicorn with its Latiao and konjac shuang
On May 12, 2021, Weilong submitted an application for listing, it’s Pre-IPO financing has a post-investment valuation of more than RMB 60 billion, equivalent to the combined market capitalization of Qiaqia Food, BESTORE and Three Squirrels, the latter three of which are all listed casual food companies in China. If Wei Long can successfully go…
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A brief history of Tencent, the Eastern BIG TECH
One of China’s largest Internet companies, Tencent, with a market capitalization of about RMB 4.53 trillion (about USD 0.71 trillion), is the closest Chinese company to a trillion-dollar market capitalization. In this article, we will review the important points in Tencent’s growth process. It will help you understand how it has grown step by step…
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Joss Paper and its derivative culture
In recent years joss paper has become one of the popular cultural products in various countries, but many people are unaware of its true purpose. The University of Toronto caused quite a stir among the international student community this year during Chinese New Year because of the erroneous use of joss paper. In this article,…
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The trend of daily food for young people in China is changing rapidly.
Shrewd Chinese catering industry practitioners seize this opportunity to cater to the needs of consumers to launch a variety of new products-Meal replacement, Cooking Kit and low-calorie food. The daily eating habits of Chinese young people are also changing rapidly.