As of January 1, 2026, More Yogurt has opened 1,288 stores in 230 cities across China, with its store count growing for three consecutive months. Currently, More Yogurt is the only brand in the freshly made yogurt segment with over 1,000 stores.
Today, according to market sources, the lemon tea brand LINLEE has completed a Series A funding round raising tens of millions of CNY, with Qianhai Fangzhou Fund serving as the exclusive investor. The post-investment valuation is close to 1 billion CNY. The funds will be primarily used for brand building, supply chain upgrades, and organizational enhancements. This marks another round of financing for LINLEE following its tens-of-millions-yuan angel investment from 37 Interactive Entertainment in 2021.
Recently, multiple netizens reported that after purchasing Tea 茶颜悦色 foam series beverages and leaving them for a few minutes, the drink in the cup had reduced to only half full. In response, Tea 茶颜悦色 stated that the reduction after sitting is due to a technical feature: the milk foam naturally dissipates upon contact with air. The brand has already posted reminders in stores and on its mini-program advising consumers to “drink promptly.”
Recently, several netizens reported that while purchasing the new “Cocoa Squeeze” drink from “No Yeye No Tea” and following the promotional instruction to “squeeze three times,” they squeezed the cup until it burst, spilling milk tea everywhere. Staff at a “No Yeye No Tea” store in Wuhan told media that the “Cocoa Squeeze” cup is relatively soft and recommended consumers squeeze gently. Stores reinforce the cup rim with cling film during sealing. If the cup bursts, the store cannot offer compensation. Feedback regarding the cup’s tendency to burst will be reported to headquarters for improvement.
Today, Molly Tea‘s “Hidden Winter” limited-edition peripheral event launched nationwide. The participating drinks are Jasmine Cream Guava and Jasmine Guava Milk. Purchasing the set includes themed cups, stickers, and other peripherals.
Yesterday, ChaPanda signed a strategic cooperation agreement with the well-known Singapore supermarket brand 思家客Scarlett . The two parties will jointly promote the accelerated expansion of ChaPanda in the Singapore market. Information shows that ChaPanda officially entered the Singapore market in July 2025.
Recently, Luckin Coffee relaunched its Big Strawberry Iced Tea. Promotional images prominently featured red text stating “14 strawberries in one cup.” Luckin Coffee clarified that they do not use fresh strawberries but quick-frozen, pre-mixed strawberry pulp puree, flash-frozen within 24 hours to lock in freshness. Netizen reviews have been mixed. Many users reported that you can indeed taste strawberry pulp, and the drink is generally light. Others commented that for the price point, the quality is acceptable.
Yesterday, The Coca-Cola Company announced a major leadership restructuring, explicitly involving the China market. Sanket Ray will be responsible for the market cluster including India, Southwest Asia, Greater China & Mongolia, Japan, and Korea. Available information shows that Sanket Ray previously served as Chief Operating Officer for Coca-Cola‘s Mainland China business and is currently responsible for leading markets including India.