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169 stories in this topic
Malaysian bubble tea chain Tealive is expanding its presence in Asia with exclusive franchise arrangements entered into for India and Thailand. Tealive, which launched successfully in the UAE last year, has signed a master franchise agreement with Indian QSR…
Chinese milk tea chain Chagee has sparked anger among many Malaysian internet users by demanding them to remove videos allegedly showing their employees tampering with a lucky draw. The chain last week attracted large crowds at its over 100 outlets in…
Chinese tea chain To Teapresso has opened its first store in Tsim Sha Tsui, Hong Kong. This launch is part of the company’s efforts to strengthen its global presence and expand into international markets. The brand is known for combining Chinese tea with…
Shares in Chinese tea shop chain Sichuan Baicha Baidao Industrial fell more than 20 percent on Tuesday in its Hong Kong trading debut following a $330 million initial public offering (IPO). The shares were sold at US$2.23 each in the IPO, which is the largest…
Chinese tea company Heytea has launched its first store in the US – in the heart of Broadway, New York, – as it continues its rapid international expansion, including into Malaysia, Australia, Canada, and London. The brand marked its US debut with a Times…
Chinese tea brand Heytea has opened its first store at Kuala Lumpur’s newly-opened shopping destination, The Exchange TRX, as part of Heytea’s ambition to have a larger footprint in the country. The new store takes over an 80sqm space of the shopping mall’s…
The famous noodles dish pho has been franchised for the first time in the Philippines along with milk tea and spa services by three Vietnam’s companies. Pho’S, Phuc Tea and Care With Love have signed franchise contracts with Philippine businesses through the…
Chupa Chups has partnered with boba franchise Chatime to launch drinks based on the lolly brand’s best-selling flavors: Grape and Strawberry & Cream. Dubbed “The Tea That Pops”, the lolly-based boba beverages are available in Chatime T-breweries nationwide…
Craft tea retailer The Berry Tea Shop has launched an equity crowdfunding campaign via Birchal as it seeks to scale the business and expand its product portfolio. The money raised will be used primarily to secure a new warehouse, venture into wholesale, scale…
Sri Lanka’s tea brand Dilmah has launched its luxury artisanal tea collection across 650 Coles supermarkets nationally. Dubbed ‘85 Reserve’ – the luxury tea range is sold in tin caddies each consisting of 20 large tea bags. It comes with six flavours and…
The founder of popular Sri Lankan tea company Dilmah has died at the age of 93. Merrill J Fernando was surrounded by his sons and grandchildren when he passed away on Thursday in Colombo, Sri Lanka. He known for his iconic ‘do try it’ slogan. The tea company…
Airline catering company Noibai Catering Services earned revenues of nearly VND22 billion ($936,947) from selling milk tea last year, over 63% of it from sales aboard flights. According to its annual report, the company put milk tea on flight menus in July…
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…
Mixue, a Chinese tea-based beverages brand that is set to list on the main board of the Shenzhen Stock Exchange, has recently entered the South Korean and Japanese markets. In the beginning of November, an account named “MIXUE.Japa” became active on…
Malaysia’s Loob Holding, which owns Southeast Asia’s biggest bubble tea brand by stores, will consider plans for a share listing once it reaches its target of operating 1,000 Tealive stores in the country by 2024, its top executive said. “By then, we may…
Turnover of the Vietnamese bubble tea market hit $362 million in 2021, ranking third among six major Southeast Asian markets, according to a recent study. The region’s largest market was Indonesia with an estimated $1.6 billion annual turnover. Thailand came…
