Fishy loan undercuts Jiumaojiu’s corporate governance image
The operator of a trendy restaurant chain disclosed it made an $11.2 million loan to its founder in January without informing the board or shareholders Key Takeaways: Jiumaojiu said it…
‘Sauerkraut Fish’ king flies back from Covid, as trendy tresses show signs of fading
Jiumaojiu’s revenue jumped more than 50% in the first half of the year, as its business returned to normal and it continued its rapid expansion Key Takeaways: Jiumoajiu’s revenue…
Stumbling Jiumaojiu Coughs Up Big Bucks for Local Mega-Mall
Operator of the popular Tai Er ‘Sauerkraut Fish’ restaurant chain will invest up to $140 million in the IFC Mall Project in its hometown of Guangzhou Key Takeaways: Jiumaojiu said…
FAST NEWS: Nayuki’s Same-store Order Back To Normal, Actively Expanding Smaller Teahouses
The latest: Chinese premium tea chain group Nayuki Holdings Ltd. (2150.HK) said last Friday that same-store order volume in June this year returned to the same level as year earlier, with Covid-19 coming…
Premium Tea Superstar HeyTea Brews Up Frothy Valuation
‘Celebrity’ tea shop operator was worth $9.3 billion after latest funding that raised $500 million Key points: HeyTea’s latest $500 million fundraising and $9.3 billion valuation represent a significant premium…
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