Tag: Chinese Drink
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The Evolving Landscape of China’s Milk Tea Market in Last Year(2023)
In 2023, China’s milk tea market saw significant changes driven by five key trends. The booming bubble tea market exceeded 150 billion RMB, reflecting its growth and adaptability. Health-conscious zero-calorie tea drinks gained popularity, and competition intensified with price wars and the surge of new milk tea brands. Automation also revolutionized the industry. Notably, “Heytea,”…
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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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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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Genki Forest sweeps the top three of Amazon’s New Releases in Sparkling Drinking Water list and will further promote the process of internationalization
In mid-December 2021, Genki Forest aluminum-can sparkling water made it to the top 10 of Amazon Best Sellers in Sparkling Drinking Water in the United States. In the list of New Releases in Sparkling Drinking Water, it even took the top three spots. Genki Forest is also the only Chinese beverage brand to enter the…
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Ice Peak soda is considering to IPO in small and medium-sized board
It is clear that even compared with many new brands in recent years, Bingfeng is not a large beverage brand in the Chinese market.
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XiangPiaoPiao launches self-heating hot pot, but it is filled with milk tea
After all, nowadays the price of a cup of milk tea may be 20 yuan or more, and a pot of milk tea that sells for only 20 yuan is still very suitable for family users.
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Former Luckin HRD joins sugar-free beverage giant Genki Forest, which may enter the coffee market
Ran Hao, the director of human resources who previously worked for Luckin Coffee, recently joined Genki Forest, a Chinese diet soda unicorn, according to an exclusive source from Chinese media tech618. Ran Hao joined Luckin Coffee in 2017, although his official position is HRD, he has been responsible for the job of chief human resources…
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Coca-Cola launches ginger cola as a hot drink in China
Coke boiled with shredded ginger has been popular in China for at least 30 years. Unlike most parts of the world, Chinese people like hot drinks, and even when drinking Coca-Cola, some people choose to heat it up before drinking it.
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Genki Forest, China’s sugar-free soda giant, says it still has 95% of its new products waiting to be released
At the end of October 2020, China’s sugar-free soda giant Genki Forest held its own annual dealer meeting. The information at the meeting was recently exposed by the Chinese media. Tang Binsen, founder of Genki Forest, said at the meeting that they still have 95% of their new products waiting to be launched, which means the…
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Wahaha launched a variety of new products, including sugar-free bubble water
In fact, Wahaha launched soda drinks 10 years ago, but it has never become a best-selling product.