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Chagee reenters Singapore | Impulso E87

Chagee has returned in Singapore (after leaving earlier this year). Their grand opening drew massive crowds, with queues stretching for over an hour. We did a poll on our WeChat, and more than 50% of respondents believe that Chagee will dominate the market. But what makes Chagee stand out in a crowded field of competitors? Tune in to the latest episode of the Impulso podcast as we delve into Chagee’s business model, compare it to its competitors, explore the rise of Chinese F&B brands in the region, and discuss the fundamental challenges faced by F&B companies. Chapters: 0:00 Intro 0:32 Chagee reenters Singapore with grand opening 1:54 Chagee’s first entrance 5:15 How will they perform after reentering 7:15 What makes Chagee stand out? 12:21 Is Luckin copying Chagee? 14:00 The story behind Chagee’s founder 18:52 Bingxue in Jakarta 21:00 Singapore’s saturated beverage market 24:10 What are the fundamental challenges faced by F&B players? 26:00 Dealing with different cultures 28:05 Chagee at the Paris Olympics 30:15 Momentum Works F&B immersion