VANCOUVER, British Columbia, Canada – DTS8 Coffee Company, Ltd. announced today that it plans to advance on its long term strategic expansion in China, to capture and participate in the growth of the retail coffee café segment.
Coffee cafés have been sprouting up in China’s urban cities in recent years and the affluent, younger generation have been flocking to these cafés in search of the unique coffee experience.
Douglas Thomas, CEO of DTS8, said, “According to Allegra Strategies, China has become the fastest growing retail coffee café market by adding 1,462 shops in the last 12 months.
With an estimated 5,391 branded coffee shop outlets, China is the current market leader in American-style chains in South East Asia.”
Thomas added, “Four new coffee cafés open in China every day. In order to capitalize on the competitive edge of having our own roaster, DTS8 is moving into its second phase of expansion and plans to create a network of coffee cafés through acquisitions and mergers.
These coffee shops will enhance the DTS8 brand in China, help build a direct link to retail consumers, and contribute to long term revenues.”
