Guming

Guming (古茗) is a Chinese tea beverage brand backed by Sequoia China and Coatue . elsewhere's corpus is thin on the company itself: the one substantive mention, from a mid-2021 FreeS Fund piece on brand strategy, describes Guming as a franchise-driven chain that had already passed roughly 4,000 stores, whose growth playbook was "let the franchisees make money" — vetting applicants for operating ability so successful operators would pull in the next wave of franchisees . Given that reference is now five years old, elsewhere's corpus does not cover Guming's more recent scale, financing, or public-listing developments.