Supply is in urgent demand, and cocoa inventory has sharply reduced to a historic low.

Due to severe weather and pests, the output from the world's largest cocoa producers, Côte d'Ivoire and Ghana, has significantly declined. The latest data shows that cocoa stocks at the London and New York Exchanges have fallen to historic lows, forcing chocolate manufacturers to seek alternative raw materials to maintain production. In the USA, this year's retail price of chocolate for Valentine's Day is 20% higher than last year.

wallstreetcnFeb 14 08:36 ET

Kudi Coffee has also started selling budget meal sets.

Selling fast food across different industries.

wallstreetcnFeb 12 01:33 ET

Coffee Declines But Continues to Trade Above $4 a Pound Mark

BNN BloombergFeb 11 10:10 ET

Meituan Waimai launched "New Year Gift Delivery" for instant nearby delivery.

Sina Technology News, on January 24th afternoon, Meituan Waimai launched a "Spring Festival Gift" Sector. Users can find the newly added "Spring Festival Gift" entry in the second row of the homepage navigation menu when they open the Meituan Waimai App. It is reported that this is a Spring Festival integration page for Meituan Waimai's popular product gifting play, which has already launched tea drinks, cakes, pastries, and other categories, including best-selling products from chain brands such as Bawang Chaji, Hi Tea, and Luckin Coffee. In terms of gameplay, a new "one-to-many" gifting method has been added, allowing users to place an order for up to 20 gift vouchers of different price levels at once, sending them to WeChat groups, inviting group members to "test their luck" to grab the vouchers.

Sina TechnologyJan 24 00:07 ET

Luckin Coffee Makes Malaysian Debut With Two Stores In Klang Valley

Business TodayJan 23 05:20 ET

Trump Told Advisers He Wants to Visit China as President

WSJJan 19 16:43 ET