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Genki Forest Enters Coffee Market to Become the Biggest Shareholder of Never Coffee

Feb 22, 2021
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Source: China Food Press

Leading bottled beverage brand Genki Forest has become the biggest shareholder of Never Coffee, now representing 51% ownership in the specialty coffee and e-commerce platform.

As a result of the move, Never Coffee’s registered capital increased from 1 million yuan up to about 1.36 million yuan. Meanwhile, three original sharehold…

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