Though Youu Tea was making money as fast as a printing press, the balance on the company's books wasn't much to speak of.
High-rent storefronts were being leased like mad in first- and second-tier cities across the country, each store's renovation costs were nothing to scoff at, a hefty sum was being poured into online marketing, and the expenses for supply chain and cold chain logistics seemed bottomless...
Wanting to grow quickly was an unavoidable necessity.
Seizing the market meant continuously burning cash.
The only question was whether someone was willing to provide their money for you to burn.
"Yue Tea's second round of financing amounting to more than two hundred million knocked people's socks off at first glance," thought Cheng Zhu.
"Too bad, by kicking me, you've hit a steel plate."
Cheng Zhu felt it was time to toss a bomb into the capital market!
Thus, the very next day, a mainstream media outlet released an article.
