MYT - Despite pandemic Urban Tea's newly acquired CROP CIRCLE restaurant reports 25% sales growth
CROP CIRCLE, Urban Tea's ([[MYT]]) casual street food restaurant in New York City saw a 25% monthly growth in sales from August 2020 to October 2020. Mr. Long Yi, CEO of Urban Tea said, "We believe that the food and beverage industry is evolving rapidly, especially during these unprecedented times, and we see tremendous potential in the casual take-out dining market. As such, we're delighted to see such positive results from our first two months of operations in New York City with Crop Circle. The operational knowledge and experience available to us will be instrumental in facilitating our strategic overseas expansion plans and the positive initial response is a testament to that."Press release
For further details see:
Despite pandemic, Urban Tea's newly acquired "CROP CIRCLE" restaurant reports 25% sales growth