Non-Alcoholic Beverages

Urban Tea Announces Entry into Definitive Agreement to Acquire Two Companies

CHANGSHA, China, Nov. 17, 2020 /PRNewswire/ -- Urban Tea Inc. (the "Company," "we" or "Urban Tea") (NASDAQ: MYT), a premier retailer of specialty teas and baked goods based inHunan, China, announced today that its wholly-owned subsidiary Hunan Ming Yun Tang Brand Management Co., Ltd. ("Ming Yun T...

2020-11-17 22:00 6380

Revenue and Profit of Dairy Giant Yili Up in the First Three Quarters of 2020

BEIJING, Nov. 2, 2020 /PRNewswire/ -- On October 29, Yili, the Asian dairy giant, postedRMB 73.77 billion in revenue and RMB 6.044 billion in net profit for the first three quarters of 2020, a solid year-on-year increase of 7.42% and 7.00% despite the challenging conditions.

2020-11-02 16:35 645

Urban Tea Announces Entry into Share Purchase Agreement to Acquire 80% Equity Interests in Guokui Management Inc.

CHANGSHA, China, Sept. 23, 2020 /PRNewswire/ -- Urban Tea Inc. (the "Company," "we" or "Urban Tea") (NASDAQ: MYT), a premier retailer of specialty teas and baked goods based inHunan, China, announced today that it has entered into a share purchase agreement (the "Agreement"), pursuant to which th...

2020-09-23 21:00 15442

Urban Tea Regains Compliance with Nasdaq Minimum Bid Price Requirements for Continued Listing

CHANGSHA, China, Sept. 14, 2020 /PRNewswire/ -- Urban Tea Inc. (the "Company," "we" or "Urban Tea") (NASDAQ: MYT), a premier retailer of specialty teas and baked goods headquartered inHunan, China, is pleased to announce that it has regained compliance with Nasdaq's minimum bid price requirement....

2020-09-14 21:00 16499

Urban Tea Announces Entering into Letter of Intent to Acquire 80% Equity Interests in Guokui Management Inc.

CHANGSHA, China, Sept. 9, 2020 /PRNewswire/ -- Urban Tea Inc. (the "Company," "we" or "Urban Tea") (NASDAQ: MYT), a premier retailer of specialty teas and baked goods headquartered inHunan, China, announced today that the Company has signed a non-binding Letter of Intent ("LOI") to acquire 80% of...

2020-09-09 21:00 21089

Yili makes global top 5 in Rabobank's global dairy report

HOHHOT, China, Sept. 3, 2020 /PRNewswire/ -- Inner Mongolia Yili Industrial Group Co., Ltd. (also known as Yili) ranked among the top five dairy producers worldwide in the Rabobank 2020 Global Top 20 Dairy Report released onAug 31, setting a new record for Asian dairy companies. Published annual...

2020-09-07 12:26 1392

Dairy giant Yili shows strong performance in H1

HOHHOT, China, Sept. 3, 2020 /PRNewswire/ -- Dairy giant Inner Mongolia Yili Industrial Group Co - based in Hohhot,North China's Inner Mongolia autonomous region - showed strong performance in the first half of 2020, according to numbers recently posted by the company.

2020-09-03 12:01 931

Urban Tea Announces Entry into Letter of Intent to Acquire Controlling Stake of A Brand Management Company and A Supply Chain Management Company

CHANGSHA, China, Aug. 27, 2020 /PRNewswire/ -- Urban Tea Inc. (the "Company," "we" or "Urban Tea") (NASDAQ: MYT), a premier retailer of specialty teas and baked goods based inHunan, China, announced today that the Company and its wholly-owned subsidiary Hunan Ming Yun Tang Brand Management Co., L...

2020-08-27 21:00 15253

'Cold Brew BTS Special Package' to Target the US Market

LOS ANGELES, Aug. 18, 2020 /PRNewswire/ -- Gaining popularity beyond Korea and around the world, the 'Cold Brew BTS special package'is set to tap into the US market. The 'Cold Brew BTS special package' which has the concept photos of BTS' albumMAP OF THE SOUL : 7 has seen great popularity since i...

2020-08-18 23:30 1641

Urban Tea, Inc. Announces Pricing of $6.0 Million Ordinary Share Registered Direct Offering

CHANGSHA, China, Aug. 14, 2020 /PRNewswire/ -- Urban Tea, Inc. ("Urban Tea" or the "Company") (NASDAQ: MYT), a premier retailer of specialty teas and baked goods headquartered inHunan, China, announced today that it has entered into a securities purchase agreement with certain accredited investor...

2020-08-14 21:00 7996

Urban Tea Announces Grand Opening of First Overseas Tea House in New York City on August 1, 2020

CHANGSHA, China, July 31, 2020 /PRNewswire/ -- Urban Tea Inc. (the "Company," "we" or "Urban Tea") (NASDAQ: MYT), a premier retailer of specialty teas and baked goods based inHunan, China, today announced the date of the grand opening of MENO, a specialty tea and coffee house, in West Village nea...

2020-07-31 21:00 11186

Urban Tea, Inc. Announces Pricing of $6.0 Million Ordinary Share Registered Direct Offering

CHANGSHA, China, July 30, 2020 /PRNewswire/ -- Urban Tea, Inc. ("Urban Tea" or the "Company") (NASDAQ: MYT), a premier retailer of specialty teas and baked goods headquartered inHunan, China, announced today that it has entered into a securities purchase agreement with certain accredited investor...

2020-07-30 21:00 16025

DXIN Joins Hands with TCI to Develop a Variety of Premium Functional Foods for Beauty Purposes

NEW YORK, June 29, 2020 /PRNewswire/ -- DXIN (Dong & Xing), a well-known brand inChina, has seen rapid growth over the past 6 years and become a striking leader in global skin care market.

2020-06-30 10:32 1281

Urban Tea Expects Opening of First Overseas Tea House in New York in the Summer

CHANGSHA, China, June 24, 2020 /PRNewswire/ -- Urban Tea Inc. (the "Company," "we" or "Urban Tea") (NASDAQ: MYT), a premier retailer of specialty teas and baked goods headquartered inHunan, China, announced today that the Company has made significant progress in the renovation of its first overse...

2020-06-24 21:00 5261

Urban Tea Receives Regulatory Approval to Seek Franchisees for Business Expansion Throughout China

­­­­CHANGSHA, China, June 8, 2020 /PRNewswire/ -- Urban Tea Inc. (the "Company", "we" or "Urban Tea") (NASDAQ: MYT), a premier retailer of specialty teas and baked goods based inHunan, China, today announced that we received the approval from the Commercial Franchise Enterprise Administration onM...

2020-06-08 21:00 8521

Yum China partners with Lavazza to launch the Lavazza coffee shop concept in China

SHANGHAI, April 29, 2020 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC), and the Lavazza Group ("Lavazza"), the world-renowned family-owned Italian coffee company, announced that they entered into a joint venture, to explore and develop the Lavazza coffee sho...

2020-04-29 16:18 5125

Yili supports pastures amid coronavirus outbreak

HOHHOT, China, Feb. 24, 2020 /PRNewswire/ -- In the wake of the novel coronavirus outbreak, dairy giant Yili Industrial Group has raised670 million yuan ($95.7 million) in order to help its cooperative pastures, while providing anti-epidemic guidance and opening up fast track financing channels f...

2020-02-24 18:47 560

Milk without the cow: TurtleTree Labs, world's first company producing milk from cells, secures pre-seed funding

* The pre-seed round was led by Lever VC with K2 Global and KBW Ventures backing TurtleTree Labs * TurtleTree is the world's first company using technology to create real milk from animal cells, with no animal needed. * The raise will be used to onboard more scientists to the TurtleTree team...

2020-01-20 15:37 838

Wacaco Launches The Pipamoka, The First Nomadic Coffee Maker That Uses Vacuum Pressure To Brew Coffee

- From the creators of the beloved Minipresso and Nanopresso travel espresso makers, the Pipamoka is designed to give coffee lovers an all-in-one coffee travel experience - The Pipamoka uses a first-of-its-kind twisting mechanism to create vacuum pressure that enables users to make a full cup of...

2020-01-15 22:17 793

2019 Global Tea Fair China (Shenzhen) Autumn, Let Us Enjoy a Christmas Picnic in It

SHENZHEN, China, Nov. 26, 2019 /PRNewswire/ -- 2019 Global Tea Fair China ( Shenzhen) Autumn hosted by Shenzhen HJC Industrial Group will be held from December 12to 16. It will be the world-leading one-stop tea trade platform, a bridge to more than 69 China's tea plantation regions and the whole o...

2019-11-26 17:58 879
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