Snacks Dash will oversee the expansion and acquisition in the department store snack sector.
Antler Coffee is responsible for bubble tea and the anticipated growth of the beverage industry, including a series of early-stage investments in drink products, such as supermarket-sold One Dew.
Teng You Media will merge entertainment, dining, fashion, short video, department store, and other businesses.
As for the Tenghui Department Store properties in four major first-tier cities.
The future plan is to integrate investments in other department store sectors within the group.
This merger is not limited to projects alone; it also includes teams and investment fund divisions.
Put it this way—after the merger is complete, Snacks Dash will quickly reach the trillion-yuan scale, while Antler Coffee will start with a valuation of 20 billion USD.
