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Thursday 12 December 2024
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Chinese market

Starbucks may be interested in selling a stake of its Chinese business to local partners

MILAN – Starbucks is reportedly considering various options to relaunch Chinese operations including the possibility of divesting a share of its business. This hypothesis...

Jde Peet’s launches Maxwell House and Moccona cold brew pure instant coffees in China

AMSTERDAM, The Netherlands – JDE Peet’s, the world’s leading pure-play coffee and tea company by revenue, today provided more information on the recent successful...

Alko introduces Specialty Arabica Kerinci Coffee to the Chinese market

JAMBI, Indonesia – In the Virtual Indonesian Coffee Promotion 2021 for China market held by the Ministry of Foreign Affairs of the Republic of...

Franke gets closer to Chinese customers and partners with Franke Coffee Systems China

SHANGHAI, China – Further strengthening its activities in the Chinese market and ensuring improved, targeted support for the needs of their local customers, Franke...

McCafé to invest US$380 million to accelerate its expansion in Chinese mainland market

MILAN – McDonald's, announced plans on Monday to invest 2.5 billion yuan (US$380 million) over the next three years to accelerate the expansion of...

Nestlé launches Nescafé lemon, grapefruit flavoured black coffee in China

MILAN – Nescafé continues to experiment with unusual coffee flavour combination for the Chinese market to attract young audience into the coffee category: this...

Nescafé unveils innovative drip coffee product for the Chinese market

MILAN – Nestle unveiled its first drip coffee product in China last month. Drip coffees, or small cones or cubes containing ground, allow fresh...

Coffee startup Luckin aims to overtake Starbucks in China by end 2019

BEIJING, China – Startup Luckin Coffee is aiming to open 2,500 new stores this year and overtake Starbucks Corp as the largest coffee chain...

Costa Rica’s oldest cooperative plans expansion in the Chinese market

SAN JOSÉ, Costa Rica – CoopeVictoria, the first cooperative founded in Costa Rica some 75 years ago, now plans to compete for a larger...

Boncafé Group opens its doors in the world’s fastest growing coffee market

SINGAPORE — Boncafé Group, part of the Massimo Zanetti Beverage Group, has announced the establishment of the new company Boncafé China Limited, which signifies...

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