Topic
550 stories in this topic
Luckin Coffee, a reputable coffee chain, has disclosed another quarter of impressive double-digit revenue growth. This growth is mainly attributed to the company’s strategic focus on expanding its reach across various regions. Growth Metrics In the fourth…
Jago Coffee, an Indonesian-based mobile coffee startup, recently secured a significant financial boost of US$12.5 million in a Series B funding round. This recent round of funding will enable the company to progress with its expansion plans. The focus is on…
Jollibee Foods Corporation (JFC) is accelerating its expansion across Asia with the purchase of a South Korean hot pot buffet chain and the impending introduction of a rapidly expanding Korean coffee brand into the Philippines. Acquisition of Shabu All Day…
Jollibee Foods Corporation (JFC), a dominant player in the food service industry, is poised to strengthen its position in Asia through the acquisition of a South Korean hot pot buffet brand, Shabu All Day, and the anticipated introduction of a rapidly-growing…
The iconic Prince Coffee House, a renowned Chinese restaurant in Singapore, has announced its upcoming closure, marking the end of its half-century-long service. According to the proprietor, Jimmy Lim, the decision to cease operations emerges from his…
South Korean coffee powerhouse, The Venti, has recently entered into a strategic master franchising agreement with JKT Networks. This strategic partnership aims at further expanding The Venti’s presence into the Middle Eastern market. First Steps Into the…
Luckin Coffee, the global coffee enterprise, recently celebrated the grand opening of its 30,000th outlet. This notable event was marked by the introduction of a new ‘Origin Flagship’ store in Shenzhen. New Store Format This two-level outlet, significantly…
Bacha Coffee, a Moroccan coffee house established in Marrakech in 1910, has further expanded its global footprint with its entry into two new markets, Beijing and Saudi Arabia. This development is a part of the brand’s consistent international growth…
Jago Coffee, an Indonesian mobile coffee service, recently raised $12 million in a Series B funding round bringing its total capital to over $20 million. The company is known for dispensing reasonably priced beverages from fully electric carts, making it an…
Cotti Coffee, a rapidly expanding Chinese coffee chain, has announced plans to venture into the UK market. This move is part of a wider strategy to accelerate the brand’s growth across Europe. Unveiling in London The budget-friendly coffee chain will make its…
In the first quarter of fiscal 2026, Starbucks has announced a robust revenue of US$9.9 billion, pointing towards a general expansion in sales and steady growth of its worldwide store chain. Global Sales Progress Comparable store sales on a worldwide level…
Highlands Coffee, Vietnam’s most prominent coffee chain, is exploring the option of an initial public offering (IPO) in its native country, with the potential to raise between US$300-400 million. The company is currently working alongside a financial advisor,…
An unsettling incident unfolded at a Subway outlet in Malaysia, causing discomfort to a customer who allegedly found insect parts in her coffee cup. The incident further led to Subway issuing an apology and taking immediate actions to rectify the situation. A…
The Jollibee Group has recorded impressive progress in its coffee, tea, and Chinese cuisine sectors, bolstered by an aggressive international expansion strategy, enhanced store operations, and unwavering commitment to the performance of its flagship brands.…
Bacha Coffee, a renowned coffee brand dating back a century, has recently established its first shop in Bangkok, located in Siam Paragon. This milestone marks the brand’s initial foray into the Thai market. The New Store: A Blend of Retail and Relaxation…
Luckin Coffee, a major Chinese coffee company, is planning to upscale its operations. The company is currently exploring potential acquisitions to establish a premium coffee business parallel to its mass-market core. Acquisition Ambition The company is…
