August 21st Food & Beverage Express: Kweichow Moutai Co.,Ltd. has officially entered Taobao Flash Purchase platform, with over 1,000 official stores already launched online; Kouzi Liquor reported double-digit declines in both revenue and profit exceeding 20% in the first half of the year, with net cash flow at -383 million yuan; Tianyoude Liquor saw revenue decline in H1 with net profit dropping 35.4% year-on-year to 51.46 million yuan; KFC is testing fried chicken stores in Shanghai without dine-in areas, with average customer spending at 30 yuan; Zhu Guangyu Hotpot's "complete closure of Changsha stores" was due to agency issues, with headquarters taking over to process orderly refunds.
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