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Popular bubble tea franchise, Gong Cha, has recently undergone a significant restructuring of its top-tier management. This move is intended to bolster the company’s framework, enabling it to better support continued growth across its principal markets. New…
Gong Cha, a globally recognized tea brand, is introducing significant updates to its business model, labeled Gong Cha 2.0, that will enhance efficiency across its franchise locations. The New Operating Model The highlight of Gong Cha 2.0 is Super Wu, an…
Gong Cha, a leading global bubble tea brand, has recently launched its first concept store in Thailand. The new establishment is a result of a collaboration with Perfect Step, a local master franchisee and a subsidiary of Thai Outdoor Group. Strategic…
Taiwan’s popular milk tea brand, Gong Cha, has ceased operations and shuttered all its outlets island-wide as of October 1. This move follows the expiration of its franchise agreement with Gong Cha Singapore, which has been running the brand’s operations…
Taiwanese bubble tea company Gong Cha has announced the enlistment of Felix, a member of the renowned South Korean group Stray Kids, as their global brand ambassador. Gong Cha Launches New Campaign The brand aims to bolster its global presence with a campaign…
Taiwanese bubble tea chain Gong Cha has reached US$600 million in global system sales for the 12 months ended December, driven by its rapid global expansion. Group revenue also rose 12 percent year-on-year to US$190 million as the brand expanded operations in…
Chinese tea chain Mixue has launched in Australia, opening its first store in Sydney’s World Square shopping centre. Two more locations are imminent in Brisbane and Melbourne. The Sydney store features floor-to-ceiling windows spanning an entire wall and red…
Global milk tea chain Gong cha is planning to expand in Australia with a further 17 stores this year. That’s adding to the 118 stores already operating. The plan for growth is part of a bigger international expansion goal, which sees the business focus on…
International private equity company TA Associates will take an undisclosed stake in fast-growing bubble-tea chain Gong Cha. The investment is being made through TA Associates’ Hong Kong office, with settlement expected in early October. The value of the…
Gong Cha will team up with Tokidoki to create the world’s first bubble-tea funhouse at Singapore Shilin night market. The Tokidoki-themed bubble-tea funhouse will bring three new flavours including Rosa Latte, Berry Biscotti, Bambu Boba, served in Tokidoki…
South Korean private equity firm Unison Capital is selling its Gong Cha bubble tea franchise in a deal likely to fetch up to US$442 million. The company purchased the brand four years ago for KRW34 billion ($30 million), before taking over its global…
South Korean private equity firm Unison Capital is selling its Gong Cha bubble tea franchise in a deal likely to fetch up to US$442 million. The company purchased the brand four years ago for KRW34 billion ($30 million), before taking over its global…
Never mind bubble wrap, the new SingPost Centre in Paya Lebar is about to have the flagship store for bubble-tea chain Gong Cha as it returns to Singapore. Under construction, the store will open in December. In May, the brand announced it was leaving…
As Vietnam’s economy grows the Vietnam milk tea market has become a battleground for foreign franchises. The latest debutant is Taiwanese milk tea brand T4, founded in 2004, and which has steadily built an international network now including Malaysia,…
Taiwanese bubble-tea brand Sharetea has launched into Vietnam with a store on the walking street of Nguyen Hue in central Ho Chi Minh City. Sharetea has more than 450 stores in more than 18 countries. Its drinks are made from tea leaves and ingredients…
Food enterprise ST Group has launched Japanese-style Hokkaido Baked Cheese Tart outlets in Australia. Using a traditional recipe involving three cheeses from Japan’s dairy heartland of Hokkaido, the tarts have already been introduced in Brunei, Indonesia,…
