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Sunday 24 November 2024
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China

Companies

China’s booming coffee culture will not push tea houses out of business

Desk3 -
Coffee culture is taking over China and coffee shops are mushrooming in large and small cities across the country. Starbucks has been leading the...
Tea

India vies with China for the title of world’s biggest packaged tea market

Desk3 -
TORONTO, Canada —  In 2017*, India consumed a total retail volume of 678,200 tonnes worth of packaged tea, followed by China in second place...

Starbucks announces China modeling conference call for January 31, 2018

Desk3 -
SEATTLE, U.S. – Starbucks Corporation plans to hold a conference call to provide a market update on its China business and to address high-level...

Starbucks results miss expectations despite record revenue for Q1 2018

Desk3 -
MILAN – Shares of Starbucks slid 4.6 percent in after-hours trading on Thursday despite the company reporting record revenue. In the fiscal first quarter...

Starbucks opens state-of-the-art Premium Reserve Roastery in Shanghai

Desk3 -
SHANGHAI, People’s Republic of China – Starbucks Reserve Roastery in Shanghai, the first fully immersive coffee experience in Asia, will celebrate its historic opening...
Companies

Bistrot’s 1st time in China: the Autogrill concept opens in Shanghai

Desk3 -
Through HMSHost International, Autogrill makes its entry to China with Bistrot, the concept developed in collaboration with the University of Gastronomic Sciences (Unisg) in...
Companies

Peet’s makes debut in China with its first-ever international coffeebar

Desk3 -
EMERYVILLE, Calif., U.S. – Peet's Coffee announced the grand opening of its first-ever international location with the debut of a Shanghai, China flagship coffeebar. Situated...
Market & Trade

Indonesia aims to boost its share in the fast-growing Chinese coffee market

Desk3 -
The Indonesian coffee industry is eyeing to increase its share in the fast-growing Chinese coffee market. To this aim, eight Indonesian coffee businessmen met...

Starbucks sets target of operating 5,000 cafes in mainland China by 2021

Desk3 -
Coffee chain Starbucks sees China as its largest growth opportunity, and company CEO Kevin Johnson says the firm is pushing full speed ahead as...
Companies

Japan’s Ajinomoto to launch coffee e-commerce in the Chinese market

Desk3 -
TOKYO - Ajinomoto AGF, a subsidiary of Japanese food giant Ajinomoto, is making final arrangements to break into the massive Chinese e-commerce market. The Tokyo-based...
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