pandayoo.com
The Tale of COTTI Coffee and Its Founders
COTTI Coffee, a new venture by former Luckin Coffee founders, is making waves in the competitive Chinese coffee market with approximately 5000 outlets launched by August 2023. Emphasizing affordable pricing and a mix of marketing strategies, the chain represents the current Chinese entrepreneurial spirit. Nevertheless, challenges relating to rapid expansion and market competition exist, alongside potential fraud risks reminiscent of its founders' previous venture.
Aris