Exclusive: Cotti Coffee’s Li Yingbo discusses value, innovation and phenomenal global growth

Curious about how to open over 14,000 coffee shops in three years? Li Yingbo, Chief Strategy Officer at Cotti Coffee, shares a few trade secrets with World Coffee Portal – and why Cotti’s stratospheric growth could only happen in China. Words by Tobias Pearce

Photo credit: Cotti Coffee

Curious about how to open over 14,000 coffee shops in three years? Li Yingbo, Chief Strategy Officer at Cotti Coffee, shares a few trade secrets with World Coffee Portal – and why Cotti’s stratospheric growth could only happen in China. Words by Tobias Pearce

China’s branded coffee shop market is full of mind-boggling statistics. In 2023, World Coffee Portal broke the story that China had overtaken the US by outlets after growing 58% in a year to reach 50,000 stores.

Two years later, China’s branded coffee shop market comprises more than 87,000 stores after adding nearly 21,000 net new sites in just 12 months – making it the fastest growing of all time. Even more astounding is that more Chinese consumers now drink hot coffee daily compared to hot tea (25% versus 22%), World Coffee Portal data shows.

Having only opened its first store in October 2022, Cotti Coffee (a play on Italian biscotti) is now the second-largest coffee chain in China by outlets, where it operates more than 14,300 locations.

Over a little more than three years, Cotti Coffee has opened an average of 13 new stores every single day. Nearly 4,500 were opened in 2025 alone, making Cotti Coffee a key catalyst for China’s whirlwind coffee ascent.

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