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  2. Cheap coffee and smaller pizzas help Yum China survive an ...

    www.aol.com/finance/cheap-coffee-smaller-pizzas...

    Yum China’s New York-traded shares jumped by 9.1% on Thursday, after the company reported resilient earnings and an expanded dividend. ... The former is a cut-price coffee chain attached to Yum ...

  3. Luckin Coffee - Wikipedia

    en.wikipedia.org/wiki/Luckin_Coffee

    Luckin Coffee Inc. (Chinese: 瑞幸咖啡; pinyin: Ruìxìng Kāfēi) is a Chinese coffee company and coffeehouse chain. It was founded in Beijing in 2017. It was founded in Beijing in 2017. As of March 2023 [update] , it managed 9,351 stores which include 6,310 self-operated stores and 3,041 partnership stores.

  4. In China’s battle of the lattes, Luckin Coffee keeps beating ...

    www.aol.com/china-battle-lattes-luckin-coffee...

    The US coffee chain has not reported a full-year figure for China sales. Xiamen-based Luckin said its unaudited net income for 2023 reached 2.85 billion yuan ($396 million), compared to 488 ...

  5. China's new thirst for coffee spurs cut-throat cafe ... - AOL

    www.aol.com/news/chinas-thirst-coffee-spurs-cut...

    China imports coffee mostly from Africa and South America. Brazil's coffee exporters group Cecafe said that shipments to China will nearly triple in 2023 to surpass 1 million bags for the first ...

  6. Cotti Coffee - Wikipedia

    en.wikipedia.org/wiki/Cotti_Coffee

    Cotti Coffee is a Chinese coffee company and coffeehouse chain, with over 7,500 coffee shops in 28 countries around the world [1]. Cotti Coffee was founded in August 2022 by two former Luckin Coffee executives, and as of December 2023 has 6,061 coffee shops.

  7. Coffee production in China - Wikipedia

    en.wikipedia.org/wiki/Coffee_production_in_China

    A French missionary brought coffee to Yunnan province in the late 19th century, marking the crop's introduction to China. [1] However, the modern Chinese coffee cultivation industry began in 1988 when the Chinese government, The World Bank and the United Nations Development Programme jointly initiated a program to introduce coffee growing in the region. [1]

  8. Luckin Coffee beat Starbucks in China. It’s now taking its ...

    www.aol.com/finance/luckin-coffee-beat-starbucks...

    The Chinese coffee brand was kicked off the Nasdaq exchange in 2020 after admitting it had inflated sales by over $300 million. Luckin continued to expand despite that, and had more outlets than ...

  9. Hogood Coffee - Wikipedia

    en.wikipedia.org/wiki/Hogood_Coffee

    Hogood plants much of the coffee in its home region of Dehong, one of the 3 primary regions for coffee cultivation in Yunnan. [3] The company contracts farm land from smallholders and plants seedlings, and then re-contracts the land back to farmers to purchase the coffee beans from the farmers at harvest. Due to the smallholdings typical in ...

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