Greenfield Capital Group Invests in AI TEA, Setting the 2019 Smart Tea Trend

2019/08/02 Innoverview Read

Greenfield Capital Group is collaborating with the leading smart food and beverage solutions providers and robotic system integrators to create the world's leading fully automated smart tea shop, AI TEA.

Greenfield Capital Group recently announced that the company is optimistic about the huge market potential of artificial intelligence and smart manufacturing in the new retail sector and will invest heavily in the AI TEA Smart Tea Workshop project. Mr. Frank Zheng, the Chairman and Chief Economist of Greenfield Capital Group, stated: "Investing in AI TEA's fully automated smart tea shop is an important step for Greenfield Capital Group in the field of artificial intelligence. The development of artificial intelligence has provided new opportunities and solutions for traditional industries. This is the core value of artificial intelligence technology, as well as the core basis for artificial intelligence to represent the most advanced productivity."

AI Tea has signed contracts to renovate more than ten famous chain tea brands, and is preparing to open new stores in San Francisco, Los Angeles, Seattle and New York, and Vancouver, Canada. In the future, the company will control more than 10,000 tea stores and its annual turnover will exceed 15 billion RMB, the total annual profit will exceed 1.5 billion RMB. AI Tea plans to be listed on NASDAQ in the US in 2020. AI TEA is currently conducting its PRE A round of financing, the initial financing amount is 50 million RMB, accounting for 10% of the shares.