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Business

Burning cash is strategy of choice for Luckin Coffee

HONG KONG: The team behind Luckin Coffee Inc is betting that what worked for them in car rentals will prove a success with java. Their US$130mil annual cash burn – and rival Starbucks Corp’s dominance in the Chinese coffee market – makes it a risky proposition.

Metro News

Gaining footing in global coffee industry

In THE coffee world, Liberica has long been the less well-known species compared to the better regarded Arabica and Robusta.

Metro News

Gaining a footing in global coffee industry

KUCHING: In the coffee world, Liberica has long been the less well-known species compared to the better regarded Arabica and Robusta.

SMEBiz

No thorn in this flesh

Durian-based food product maker targets inbound tourists while export protocol of durian to China is being finalised.

Smebiz

Coffee retail market hots up

CHINA is one of the world’s most competitive markets. Companies and entrepreneurs might argue it is only for the most battle-hardened, because any profitable business idea tends to see competitors spring up very quickly.

Smebiz

VendPays to raise RM3mil via crowdfunding

END-to-end smart cafe solutions company, VendPays Sdn Bhd, is targeting to raise up to RM3mil via an equity crowdfunding (ECF) exercise to expand its business further.