A look at Cotti Coffee, the fast-expanding coffee chain with major links to Luckin.
Credit: Cotti Coffee
China and coffee chains will always bring to mind the financial scandal around Luckin Coffee, which dominated the business pages in early 2020. Now a new kid on the cafe block, Cotti Coffee, is putting the froth back into the country’s hot beverage scene.
The brainchild of two former Luckin executives, Cotti was launched just over a year ago. Luck certainly seems to be with the company: In its early days it managed to bag a deal to sponsor the eventual winners of the Qatar soccer World Cup, Argentina.
Credit: Cotti Coffee via Douyin
These days, Cotti’s website and social media are awash with brand and celebrity endorsements and collaborations, such as with the Frida Kahlo Corporation, Swedish oat-based drink company Oatly, Tencent’s Honor of Kings, and even actress Fan Bingbing’s younger brother, the entertainer Fan Chengcheng.
This week, we take a look at how Cotti Coffee got started in the industry, what it is offering to compete with the c
Exclusive longform investigative journalism, Q&As, news and analysis, and data on Chinese business elites and corporations. We publish China scoops you won't find anywhere else.
A weekly curated reading list on China from David Barboza, Pulitzer Prize-winning former Shanghai correspondent for The New York Times.
A daily roundup of China finance, business and economics headlines.
We offer discounts for groups, institutions and students. Go to our Subscriptions page for details.
A decade ago, China arrived on the global art scene with deep pockets and an abundance of swagger. Recently, however, China's economic downturn has caused a spate of museums to close and once prominent collectors to sell their collections. Can China ever achieve its dreams of "cultural self-confidence"?
The Harvard professor discusses the effects on Chinese society of the country's high-tech development, and how the pandemic may have shifted public attitudes.
The Global Intelligence Platform used by The Wire China