Mr. Albert Li, CFO of Tim Hortons China, has more than 20 years’ experience in public accounting, investment banking and corporate finance. Mr. Li obtained his bachelor’s degree from Tsinghua University, as well as a MBA from Kellogg School of Management, Northwestern University. Mr. Li is a member of the CICPA and a member of the CGA Canada. Mr. Li is also an independent director of GreenTree Hospitality, Boqii, Helens International, Sinosoft Technology, Logory Logistics, and ZJLD Group.
A coffee shop is essentially a catering business, not just a coffee business.
Last year, Tim Hortons China sold more than 9.5 million bagels and related products, and the "coffee + warm foods" combination helped Tims quickly open up the Chinese market. Therefore, we invited Tim Hortons China to share with us:
1、Is "coffee + foods" a good business in China?
2、How to create a high-quality differentiation barrier by matching coffee and foods?
3、Coffee + foods, what pits to avoid?