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Saturday 11 January 2025
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China

Urban Tea announces entry into definitive agreement to acquire two companies

CHANGSHA, China – Urban Tea Inc. (the "Company," "we" or "Urban Tea") (NASDAQ: MYT), a premier retailer of specialty teas and baked goods based...

Starbucks breaks ground for its revolutionary Coffee Innovation Park in China

MILAN – Starbucks has hiked by 22% its investment to open a state-of-the-art roasting facility in China as part of its new Coffee Innovation...

Costa Coffee announces further closures in mainland China by January 2021

MILAN – Costa Coffee has announced plans to further reduce its presence in the mainland China market by January 2021, after shutting down almost...

Alibaba Digital Economy rolls out ‘Starbucks Now’ on four flagship apps in mainland China

HANGZHOU, China – Alibaba Group yesterday announced that the Seattle-based coffee giant Starbucks Coffee Company ("Starbucks") will expand its reach to customers across the...

Segafredo Zanetti launches first unmanned Robocup Café in Shenzhen, China

MILAN – Massimo Zanetti Beverage Group is pleased to announce the launch of its first unmanned twenty-four hour self-service Robocup robotic café in Shenzhen,...

Arla Foods welcomes new Chinese legislation that allows whey permeate imports

MILAN – Arla Foods Ingredients has welcomed the news that whey permeate can now be exported to China for use in food and beverage...

Urban Tea receives approval to seek franchisees throughout China

CHANGSHA, China – Urban Tea Inc. (NASDAQ: MYT), a premier retailer of specialty teas and baked goods based in Hunan, China, today announced that...

A reopened China offers a glimpse into the future of coffee shops

MILAN – We’ve spent a lot of time looking at China these past few months: because what happened in that country – from the...

Tim Hortons gets investment from tech giant Tencent, plans 1,500 outlets in China

MILAN – Canadian coffee-and-food chain operator Tim Hortons Inc. announced on Tuesday plans to digitize its business in China and add 1,450 stores in...

China’s vending industry under the spotlight at VMF 2020 in Guangzhou

GUANGZHOU, China – While Covid-19 is affecting all trades, the vending industry still manages to find opportunities amid crisis. Here are some hot news...

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