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  "documentTitle": "Oatly Group AB (OTLY)",
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  "authorName": "Ben Axler",
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  "presentationDate": "2021-07-14 00:00:00",
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      "text": "Warning: There is evidence of exaggerated claims made regarding Oatly's China business. Its Asian president made a statement in China during September 2020 that mainland China had more than 10,000 cafes. However, SEC filings indicate that China foodservice (coffee and tea shops) were closer to 8,000 – 8,200 locations.",
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      "text": "There is evidence of exaggerated claims made regarding Oatly's China business. Its Asian president made a statement in China during September 2020 that mainland China had more than 10,000 cafes. However, SEC filings indicate that China foodservice (coffee and tea shops) were closer to 8,000 – 8,200 locations.",
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      "text": "Our growth in China demonstrates the effectiveness of this expansion strategy. We successfully entered the Chinese market in 2018 through the specialty coffee and tea channel, which we have since scaled to over 8,000 doors at the end of 2020... we had more than 8,200 points of sale in the channel.",
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      "text": "With the establishment of boutique coffee shop, oatly even won a “big customer” in China this year: Starbucks, the world’s largest coffee chain. According to Zhang Chun, OATLY (President of Oatly Asia), including Starbucks, has entered more than 10 thousand cafes in mainland China.",
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      "text": "\"With the establishment of boutique coffee shop, oatly even won a “big customer” in China this year: Starbucks, the world’s largest coffee chain. According to Zhang Chun, OATLY (President of Oatly Asia), including Starbucks, has entered more than 10 thousand cafes in mainland China.\" — China Food Press, Sept 27, 2020. \"Our growth in China demonstrates the effectiveness of this expansion strategy... we had more than 8,200 points of sale in the channel, including an exclusive branded Starbucks partnership with 4,700 locations in China exclusive to us\" — Oatly F-1 Registration Statement.",
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