The Coffee Market in China: How Luckin Coffee is capturing the lion’s share of the market | Daxue Consulting
The Coffee Market in China On January 3 of 2019, the CEO of Luckin Coffee, Qian Zhiya, spoke at a briefing about grand ambitions to open an additional 2,500 outlets this year, bringing the company’s total number of outlets to 4,500 by the end of 2019. This means Luckin is on track to surpass Starbucks […]
Podcast transcript #15: The challenging Chinese coffee industry
Find here the China paradigm episode 15. Learn more about Carol Liu’s story in China and find all the details and additional links below. Full transcript below: Matthieu David: Hello everyone and welcome in this new episode of China Paradigm, the China business podcast where we interview entrepreneurs in China. Today I am with Carol […]
High Demand of New Blends and Premium Coffee Machines in China
Coffee Machines in China. People worldwide drink a total of 7.4 billion cups of coffee every year, and 20 million cups of coffee are consumed every day. On average every coffee drinker drinks an average of 120 cups annually. The Finns drink the most coffee with the average Finn drinking 1459 cups of coffee a […]
The Coffee Industry in China: A Caffeine Trend
The Coffee Industry in China China is both a major exporter and a major importer of roasted coffee and green coffee. The quantities produced and consumed are not that high in a global context, for example, China produced around 40,000 tons of green coffee per year (0.5% of world production). And its annual consumption is […]