Leyin Innovation, A Premium Coffee Supply Chain Company, Raises Nearly RMB 50 Million In Series A Financing
Leyin Innovation Technology (Qingdao) Co., Ltd announced the completion of a Series A financing round of nearly RMB 50 million.
Chinese local policies support ready-to-cook food industry
Ready-to-cook foods are increasingly popular in the Chinese market and local policies are changing to reflect the trend.
Chinese Online Grocer Dingdong apologises for the food safety issue
Dingdong (Cayman) Ltd, one of the most popular Chinese online grocers, apologised for its food safety issue after being accused of selling expired products.
POP MART is revealed to overhype its mystery toy boxes
On March 16th, POP MART was revealed to overhype its mystery toy boxes during the CCTV 315 Gala.
43-year-old Yang Lijuan takes over as CEO of Haidilao
Chinese hotpot chain Haidilao issued an announcement on the appointment of management personnel. Zhang Yong stepped down as CEO of Haidilao and was succeeded by Yang Lijuan.
China Post diversifies – opening its first ‘post office coffee shop’ in Xiamen
On February 14th, China Post became the most surprising player on the coffee track. Post Office Coffee, China Post’s first ‘post office coffee shop’, was officially launched in Xiamen. This is a directly owned and operated store by China Post.