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Tea, Coffee & Cocoa – WORLD NEWS
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China’s Chagee enters U.S. market with first store in Los Angeles
Chagee’s U.S. debut highlights its international expansion strategy following a successful IPO and strong global sales performance.
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Pluri Inc. acquires Kokomodo for US$$4.5M expanding into cacao industry
The acquisition advances Pluri’s mission of transforming global food systems through biotechnology.
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Compound Foods launches ingredients platform for sustainable cocoa alternatives
This initiative aims to provide manufacturers with options to future-proof their supply chains while addressing global sustainability challenges.
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Nestlé invests US$73.32M in its Tri An factory to boost production
The investment reflects the company’s confidence in Vietnam’s development potential and its long-term commitment to supporting the country’s growth.
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Chagee raises US$411M in U.S. IPO amid trade tensions
The Chinese tea chain secures strong investor interest despite geopolitical concerns and delisting threats for Chinese firms in the U.S.
