Michele Galeotto Michele Galeotto

How did the Coffee Culture Evolve in China?

The coffee industry has become the object of capital chasing. After recovering from the financial fraud, Luckin Coffee got 250 million US dollars financing. New consumer brands such as Saturnbird Coffee, Yong Pu, and SECRE Coffee are entering the market and taking their place. The brand Manner, a boutique coffee chain, and M Stand capture the old chain market. So how did we get to this point?

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