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Goubuli prepares to put big dough into expansion

By Zhao Yinan | China Daily | Updated: 2014-01-10 08:07

An eatery giant known for its steamed stuffed buns, and with an ambitious expansion plan to buy a United States coffee chain, is joining a growing number of Chinese enterprises in going global.

Goubuli Group, a renowned Chinese food corporation based in North China's Tianjin, announced on Thursday that it plans to buy a US cafe chain company in the first half of the year.

If completed, the deal will help the dumpling group - also known as Go Believe - to acquire hundreds of stores in more than 40 countries and regions in Europe, the United States and Southeast Asia, Geng Jing, deputy general manager of the company, told China Daily on Thursday.

Goubuli prepares to put big dough into expansion

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