Same. Particularly would love to learn your take on the competitive landscape. It seems the drinks space is increasingly getting crowded with a flood of recent investments and IPOs. How does this affect some now established players like Luckin. Some of these companies might not directly compete with each other, but are they eating into wallet share? Is there increasing appetite (and market expansion) to offset the supply increase?
IтАЩm on it. Traveling around China during the May holidays тАФ and to my wifeтАЩs regret, IтАЩm checking out every coffee and tea shop I can find. This space is huge, but IтАЩm starting to get a grip on how to think about it. Stay tuned.
I would certainly be interested in reading your insights into coffee and tea chains in China.
Same. Particularly would love to learn your take on the competitive landscape. It seems the drinks space is increasingly getting crowded with a flood of recent investments and IPOs. How does this affect some now established players like Luckin. Some of these companies might not directly compete with each other, but are they eating into wallet share? Is there increasing appetite (and market expansion) to offset the supply increase?
IтАЩm on it. Traveling around China during the May holidays тАФ and to my wifeтАЩs regret, IтАЩm checking out every coffee and tea shop I can find. This space is huge, but IтАЩm starting to get a grip on how to think about it. Stay tuned.
Enjoy those delicious drinks! What an exciting research project. Cheers!