Posts Tagged "Tea Market in China"

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How LELECHA broke into China’s milk tea market with two “dirty” products
24Sep

How LELECHA broke into China’s milk tea market with two “dirty” products

In 2017, the new-style “milk tea” exploded out of the blue into China’s tea market. In Shanghai, many internet-famous (wang hong 网红) milk tea brands, such as Hey Tea (喜茶) and LELECHA (乐乐茶), have become a big hit. The new LELECHA opening in Xintiandi (新天地) went viral on social media. The lineup was no less […]

What the success of bubble tea in China reveals about Chinese consumers
09Sep

What the success of bubble tea in China reveals about Chinese consumers

With more than 140.5 billion RMB of annual sales made by milk tea shops in 2019, the success of bubble tea in China is well proven. If you are lost among all the new entrants to the market, the latest innovations and the dynamics of the sector, this article retraces the history of bubble tea […]

The success of Nayuki, the Chinese new-style tea store going global
13Aug

The success of Nayuki, the Chinese new-style tea store going global

In contrast to the downfall of the Chinese coffee-based beverage company Luckin Coffee, China’s new style tea market did not cease to expand during the pandemic which caused major economic recessions across the globe. Nayuki, A local Chinese new style tea company, announced its new round of funding this June, which was a nearly 100-million-dollar […]

Business turnaround in China: What is the future for Luckin Coffee?
08Jul

Business turnaround in China: What is the future for Luckin Coffee?

On April 2, 2020, Luckin Coffee (Ruixin Kaffei瑞幸咖啡) confirmed that its sales numbers were inflated by a total of CNY 2.2 billion (USD 310 million) in 2019. This number represents approximately 45% of its projected final sales. Suspicions of fraud had already been hanging around for several months after the investment firm Muddy Waters released […]

The tea market in China: Analysis of the largest tea market in the world
25Jun

The tea market in China: Analysis of the largest tea market in the world

There are 7 types of tea leaves in China: green tea, yellow tea, white tea, oolong tea, black tea, dark tea, and floral tea. Since 2014 the new style tea is becoming popular in China. The new style tea (新式茶饮) consists of fresh tea leaves and milk or cream. It also includes tea’s with toppings […]

Сhina Paradigm Transcript #27: American entrepreneur competing in the market for tea in China, how he can create novel products and serve niche markets in China
08Jun

Сhina Paradigm Transcript #27: American entrepreneur competing in the market for tea in China, how he can create novel products and serve niche markets in China

Find here the China paradigm episode 27. Martin Papp has been active in the market for tea in China for more than 5 years. He has been developing a beverage company since 2014, PAPP’S TEA which is headquartered in Beijing. He sells through private channels but also through Wagas. He is one of the first players […]

Podcast transcript #15: The challenging Chinese coffee industry
20May

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 […]

[Podcast] China Paradigm #27: How to succeed in China’s tea market while starting from scratch
02May

[Podcast] China Paradigm #27: How to succeed in China’s tea market while starting from scratch

China Paradigm interviews Martin Papp, CEO and founder of PAPP’S TEA, a contemporary tea brand based in Beijing dedicated to be THE premium tea brand for healthy trendsetting lifestyles. With products ranging from loose leaf tea leaves and bags, to kombucha, Martin Papp has found that China was lacking a fun tea brand. Martin started […]

Local tea brands in China
23Feb

Local tea brands in China

LOCAL TEA BRANDS IN CHINA Overview of the Chinese tea market With an annual tea production of 1.89 million tons and an annual consumption of 1.235 million tons in 2013, China is the world’s biggest tea producer and consumer. Indeed, tea has always been part of the Chinese culture and of its population daily life. […]

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