China’s duopoly food delivery market

China’s food delivery market is forecasted to exceed 941.74 billion RMB in 2022, making China the world’s biggest O2O (online to offline) food delivery market. Despite the enormous market size and growth, it has displayed, the O2O food delivery market is still far from fully saturated. As the market scale continues to grow rapidly, the […]

The premium bakery market in China begins to trickle into lower-tier cities

premium bakery market in China

China’s bakery sector has been expanding rapidly in recent years, underpinned by the country’s rising middle class, the ongoing Westernization of lifestyles and diets, and the increasing demand for convenient food. The baked goods market in China began to gain momentum in 1980 and boomed between 2000 and 2010. During this period, all kinds of foreign brands […]

Successful co-founders on how to scale a restaurant business in China by creating unique and adaptable restaurant brands: China Paradigm transcript #112 with Gennadii Bochkar and Chen Feng

Gennadii Bochkar and Chen Feng are co-founders of a chain of restaurant bars in China. Shanghai residents will be very familiar with some of their brands such as Bites & Brews, Blue Frog, Barbarian, and Nomad among others. Here, they offer insights into how to successfully scale a restaurant business in China. They don’t concentrate […]

China Paradigm 103: Creating 5 iconic restaurants in 3 different Asian cities

restaurant business in China

Run restaurants in Asia Matthieu David interviews Philippe Ricard, Founder of La Creperie in Asia. The restaurant business in Asia and all around the world took a big hit with the coronavirus outbreak. But there are some places that can survive anything. La Creperie is a well-established brand in China, Vietnam, and Hong Kong because […]

The fast-food market in China: How American brands have conquered the market

The fast food market

The fast-food market in China is on the rise IBIS’ report estimates that the fast food industry in China will generate $177.6 billion in 2019, up almost 8 percent from 2018. KFC came to China in 1987 and ushered in the fast food market. McDonalds and other western food restaurants soon followed seeing the potential […]