An agriculture digital platform, supported by the Alibaba Foundation, has been developed to provide timely insights into various indicators of the tea industry.
After opening more than 20,000 stores in China, Mixue, a Chinese tea-based beverages brand, has been gradually investing more resources in its overseas market expansion. Recently, its first store in Australia opened in Sydney.
Affected by recently introduced regulations, Chinese tea-based beverages brand Mixue has withdrawn a prospectus submitted to the Shenzhen Stock Exchange in September last year, and now plans to debut in Hong Kong.
At the end of June, tea brand Nayuki announced its launch of a virtual stock activity, causing controversy among web users. Now the firm called a halt to the activity.
The fraud scandal hasn’t knocked Luckin out of the ring: today, it remains China's second-largest coffee chain. How did Luckin survive the turmoil?
On Dec. 3, Nayuki's Tea held its second “Tea Drinkers Summit" in Shanghai. At the summit, Nayuki released a white paper along with CBNData revealing young people’s beverage drinking habits in 2020.
Chinese tea beverage chains HeyTea and Nayuki Tea & Bakery are looking to be listed in Hong Kong next year, respectively aiming to raise $400-500 million, according to a report by The Paper.