Tuesday , March 21 2023

Ruixing Coffee said the number of cups exceeded 100 million. No response to IPO rumors – Latest News – cnBeta.COM


Some media reports say that investment banks have started to produce information about the Ruixing Coffee list in the Hong Kong Stock Exchange IPO. Ruixing Coffee said it didn't get the news.no

Ruixing Coffee was established in October 2017 and started testing in January 2018. On December 12, 2018, Ruixun Coffee raised $ 200 million in the latest B-series funding, and is currently worth $ 2.2 billion.

On the 7th day of this month, Ruisheng Coffee announced that Reinout Shackel, who reported to Qian Zhiya, was appointed Chief Financial Officer and Strategic Manager.

According to the information, Reinout Schakel has served as CEO of Standard Chartered Bank in Hong Kong and has worked for many years with Credit Suisse and PricewaterhouseCoopers, who have more than 10 years of capital, debt financing and merger and merger experience.

In addition, Ruisheng Coffee today announced that it has sold 100 million cups in its official official number. At the end of 2018, Ruisheng Coffee said it had completed 2073 stores in 22 cities across the country, including Guangzhou, Shenzhen and Guangzhou. The number of customers reached 12.54 million, and 100% coverage within 500 meters was achieved in key areas in Beijing and Shanghai.

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