China Coffee Market

Following initial reports on March 4, new details have emerged on China-based Centurium Capital's agreement to buy Blue Bottle Coffee's global cafés from Nestlé for under US$400 million. The deal highlights Blue Bottle's $250 million revenue, ongoing losses with profitability eyed for 2026, and challenges scaling in China's cutthroat coffee market, where Centurium's Luckin Coffee dominates by volume.