Bubble Mart: 50 million subscription for Suzhou black ant No. 3 fund
Bubble Mart announced that Beijing bubble Mart (an indirect wholly-owned subsidiary of the company) as one of the limited partners and other limited partners, and signed a partnership agreement with Gongqing City Yiyuan as the general partner to participate in the investment fund. Accordingly, the subscribed capital contribution of Beijing bubble mart is RMB 50 million, accounting for about 6.25% of the total subscribed capital contribution of the fund. The announcement pointed out that the name of the fund is Suzhou black ant No. 3 equity investment partnership (limited partnership), which holds 0.2692% shares of Xicha.
Briefing Jun 20, 2022 02:02 PM
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· Consumer Staples
Bubble Mart: the overall revenue in the first quarter recorded a positive growth of 65% - 70% compared with the same period in 2021
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Consumer Staples
Small Blind Boxes, Big Business
‘Life is like a box of chocolates that you will never know what you’re gonna get.’ Until recently, China’s burgeoning blind box industry was a fitting metaphor for this famous line from ‘Forest Gump.’ But the party looks poised to end with the authorities stepping in to discourage and even curb the consumption of blind box
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Briefing Jan 12, 2022 10:58 AM
· Consumer Staples
China Consumer Association named KFC: using "blind box" to induce excessive food consumption, when boycotting
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Briefing Sep 13, 2021 06:49 PM
· Consumer Staples
It is reported that Xicha hired UBS to arrange a US $500 million Hong Kong IPO, which will be listed in Hong Kong as soon as next year
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· Consumer Staples
Bubble Mart: the net profit in the first half of the year was 358.7 million yuan, a year-on-year increase of 153.8%
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· Consumer Staples
Hi tea responded to the rumor that it will be listed in Hong Kong next year: it is untrue. At present, hi tea has no listing plan.
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