Uploaded on Oct 21, 2019
Bennet Global has been offering global trade execution and portfolio management services to a very diverse client base. We combine our vast knowledge of the markets with a highly experienced team of investment specialists who are dedicated to bringing the best service to our clients. For more details: https://pressreleasepedia.com/junzi-kitchen-secures-5-million-in-funding-giving-chinese-food-a-makeover/
Junzi Kitchen secures $5 million in funding , giving Chinese food a makeover
Junzi Kitchen secures $5 million in
funding , giving Chinese food a
makeover
-Bennet Global Hong Kong
https://pressreleasepedia.com/junzi-kitchen-secures-5-million-in-fund
ing-giving-chinese-food-a-makeover/
Junzi Kitchen secures $5 million in
funding , giving Chinese food a makeover
A unique and innovative start up company is giving
Chinese take away a fresh paint job, by combining the
fast food favourite with innovative flavors mixed with
traditional Chinese courses.
Junzi kitchen, a fast casual Chinese outlet chain is
focused on developing their consumers pallets, while
bringing a fresh competition to established chains like
P.F Changs, and Panda Express.
https://pressreleasepedia.com/junzi-kitchen-secures-5-million-in-fund
ing-giving-chinese-food-a-makeover/
Junzi Kitchen secures $5 million in
funding , giving Chinese food a makeover
In the U.S the demand for the Chinese food market is
huge, with over 46,000 physical outlets in the country.
Despite having such a strong and loyal fan base, Junzi’s
research and data analysts found that less than five
percent of those locations are branded chain stores.
https://pressreleasepedia.com/junzi-kitchen-secures-5-million-in-fund
ing-giving-chinese-food-a-makeover/
Junzi Kitchen secures $5 million in
funding , giving Chinese food a makeover
“Over the course of the last three decades a large
number of Chinese immigrants made their way to
America, but did not hold the necessary sources and
support to create a large and competitive brand.”
Yong Zhao, CEO of Junzi Kitchen said in an interview
this week.
https://pressreleasepedia.com/junzi-kitchen-secures-5-million-in-fund
ing-giving-chinese-food-a-makeover/
Junzi Kitchen secures $5 million in
funding , giving Chinese food a makeover
Established in 2015, Junzi Kitchen started with their
first location in New Haven, where the company’s four
co founders, collaborated on the idea for a new and
improved chain of Chinese delicacies.
Zhao said the inspiration for the chain came from the
lack of authentic Chinese food outlets near their
university.
https://pressreleasepedia.com/junzi-kitchen-secures-5-million-in-fund
ing-giving-chinese-food-a-makeover/
Junzi Kitchen secures $5 million in
funding , giving Chinese food a makeover
“It was very hard to find something very convenient
but also healthy and authentic as we had back in
China,” Zhao explained.
Zhao and his colleagues wanted their customer base
to be able to see that the food was fresh and made to
order, which impacted the design and layout of their
restaurants.
https://pressreleasepedia.com/junzi-kitchen-secures-5-million-in-fund
ing-giving-chinese-food-a-makeover/
Junzi Kitchen secures $5 million in
funding , giving Chinese food a makeover
Once they made the decision to display the food in
front of their customers, the team decided to create a
menu that would really show the best that Chinese
Cuisine has to offer.
The chain recently closed a $5 million USD pre series A
financing round, and secured a partnership with Zuul
Kitchens to meet the huge surge in demand for their
delivery services, as their client base grows rapidly.
https://pressreleasepedia.com/junzi-kitchen-secures-5-million-in-fund
ing-giving-chinese-food-a-makeover/
Junzi Kitchen secures $5 million in
funding , giving Chinese food a makeover
The hugely popular quick service restaurant sector in
the U.S generated a revenue in excess of $250 billion
USD in 2018 according to economic data from our
analysts.
In the modern world, with many people having less and
less time to stop for a sit down lunch, fast casual
restaurants have become the popular choice for many
working class people, however Chinese food has always
been largely absent from the scene.
https://pressreleasepedia.com/junzi-kitchen-secures-5-million-in-fund
ing-giving-chinese-food-a-makeover/
Junzi Kitchen secures $5 million in
funding , giving Chinese food a makeover
The large number of Chinese restaurants in the U.S are
individually owned family run businesses, but they do
not have a strong footing in the U.S, according to Zhao’s
market research, around 10% of operable Chinese
restaurants closed in 2018.
“Last year was the first year Chinese restaurants in
America declined because of retirement and the young
kids don’t want to take over,” Zhao concluded.
https://pressreleasepedia.com/junzi-kitchen-secures-5-million-in-fund
ing-giving-chinese-food-a-makeover/
Junzi Kitchen secures $5 million in
funding , giving Chinese food a makeover
Contact Us:
Phone: +85230183063
Fax: +85230157922
https://pressreleasepedia.com/junzi-kitchen-secures-5-million-in-fund
ing-giving-chinese-food-a-makeover/
Thank You!
https://pressreleasepedia.com/junzi-kitchen-secures-5-million-in-fund
ing-giving-chinese-food-a-makeover/
Comments