Acquisition will Enable Reborn Products to be Distributed GloballyBREA, Calif., May 21, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN) ("Reborn", or the "Company"), a California-based retailer of specialty coffee, today announced that it has signed a Letter of Intent (LOI) to acquire a 55% majority stake in Derin Lezzetler, a leading artisan snack and frozen bakery producer based in Istanbul, Turkey. This strategic move marks a significant milestone in Reborn Coffee’s expansion into
Bold Expansion into China with IAID Co., Ltd. Sets the Stage for a New Era in Global Specialty CoffeeBREA, Calif., May 08, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee Inc. (Nasdaq: REBN), ("Reborn", or the "Company"), a California-based retailer of specialty coffee, today announced a significant expansion into the China market through a strategic Master License Agreement with IAID Co., Ltd., a visionary architectural and interior design consulting firm. This agreement will introduce a flagship locati
FY 2023 Record Revenue Increased 84% to $6.0 Million FY 2023 Gross Profit Increased 93% to $1.9 Million BREA, Calif., March 28, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN) ("Reborn", or the "Company"), a California-based retailer of specialty coffee, has reported its financial and operational results for the fiscal year ended December 31, 2023. Key Financial and Operational Highlights Revenue increased 109% to $1.8 million in Q4'23 from $0.9 million in Q4'22.Revenue increased 84%