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Reborn Coffee Closes Master License Agreement for Liaoning Province, China
JVAfee (JVA) GlobeNewswire News Room·2024-08-14 12:31

Core Insights - Reborn Coffee, Inc. is expanding into the China market through a Master License Agreement with Shenyang Yongsheng Seven Stars Tourism Development Co., targeting Shenyang, the capital of Liaoning Province, which has a population of over 43 million [1][2]. Company Expansion - The partnership aims to combine Reborn Coffee's expertise in retail coffee operations with Shenyang Yongsheng's influence in tourism, intending to enhance the coffee culture in Liaoning Province [2][4]. - The flagship store in Shenyang is expected to set a new standard for future expansions in the region, reflecting Reborn Coffee's commitment to quality and community engagement [3]. Market Positioning - Reborn Coffee is positioning itself in one of the world's fastest-growing coffee markets, leveraging its innovative approach to specialty coffee to attract local consumers [3][4]. - The collaboration is anticipated to result in a successful venture, given the strong tourism footprint of Shenyang Yongsheng Seven Stars [4]. Company Overview - Reborn Coffee focuses on high-quality, specialty-roasted coffee and aims for continuous improvement through technology and traditional brewing techniques [5].