Caffeine jolts: Coffee shop growth in China sizzles while a bubble tea IPO goes flat

Number of coffee outlets in China rose 58% year-over-year to almost 50K last year. China passed the United States as the country with the most branded coffee shops in the world. The demand for coffee in China is the fastest growing market in East Asia. Outside the coffee market, a bubble tea IPO in Hong Kong tumbled 40% this week.

Weekly Report: what happened at LKNCY last week (0415-0419)?

Nayuki Tweaks Franchising Model As Competitors Serve Up Rival Listings

Nayuki’s new store openings slowed in the first quarter due to seasonal factors, as it tweaked its franchising model. The premium tea seller will soon face new competition for investor dollars in Hong Kong, as at least five major rivals have filed for IPOs since last October.

Weekly Report: what happened at LKNCY last week (0408-0412)?

Climate Change, El Nino And The New Parabolic Move In Commodities

Coffee prices are expected to explode due to climate-related issues. Cocoa prices have risen 400% in the last year due to global El Nino and disease and weather issues in West Africa. Coffee prices could affect companies like Starbucks, Dunkin' Brands, and Nestlé.

Luckin Coffee Submits 2023 Financial Report

Weekly Report: what happened at LKNCY last week (0401-0405)?

Luckin Coffee Files Audited Financial Statements for Fiscal Year 2023

Luckin Coffee Inc. Has filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the U.S. Securities and Exchange Commission. Luckin Coffee is one of China's leading coffee companies. The company is headquartered in Beijing, China.

Weekly Report: what happened at LKNCY last week (0325-0329)?

Weekly Report: what happened at LKNCY last week (0318-0322)?

Starbucks (NASDAQ:SBUX) Shakes Up Global Leadership with Eye on Growth

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Weekly Report: what happened at LKNCY last week (0304-0308)?

Validea Kenneth Fisher Strategy Daily Upgrade Report - 3/9/2024

Starbucks Stock (NASDAQ:SBUX) Is Weak, But the Business Remains Strong

Weekly Report: what happened at LKNCY last week (0226-0301)?

Chabaidao joins Hong Kong IPO tea party

Chabaidao’s revenue grew 34.8% to 5.7 billion yuan in 2023, as the company has been consistently profitable over the last three years. The premium tea chain operator plans to keep growing through greater penetration in lower-tier cities, expanding overseas and by diversifying into coffee. Baicha Baidao Industrial Co. Ltd. Filed a new IPO prospectus with the Hong Kong Stock Exchange on Friday. The company is the third-largest tea chain in China and ranked third in the country's premium tea market.

Luckin Coffee Serves Up A Record-Breaking 2023

Weekly Report: what happened at LKNCY last week (0219-0223)?

LKNCY Earnings: Luckin Coffee Brews Up a Strong Q4 Performance