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As the retail landscape continues to evolve, companies are finding innovative ways to engage with consumers in a digital-first world. Asia stands at the forefront of this transformation, where brick-and-mortar stores and digital platforms increasingly…
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…
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…
Malaysian bubble-tea chain Tealive parent, Loob Holding, has appointed advisors as it prepares for an IPO this year. Last year, the company said that it aimed to raise MYR300 million (US$72 million) for Malaysian IPO. According to The Malaysian Reserve,…
Loob Holding, parent of Malaysian bubble-tea chain Tealive, is preparing an IPO in Malaysia with a view to raising MYR300 million (US$72 million). The firm, which operates more than 200 food-and-beverage outlets in the territory, has reportedly hired advisors…
Tealive parent Loob Holding, is planning an IPO to fund ‘aggressive expansion’. The company is looking to open 1000 Tealive stores in 15 countries by the end of next year. Along with another 150 new outlets in India by 2024. China is still its focus market,…
Malaysian bubble-tea brand Tealive has launched the first of 500 stores planned for China. Located inside SML Center in Shanghai’s Huangpu district, the store attracted long queues on the opening day. “With China being the world’s largest tea market and the…
A defamation suit filed by bubble tea brand Tealive against Chatime Malaysia will be heard next February. Tealive’s owner Loob Holdings was formerly the primary franchise holder for Chatime before a series of disputes resulted in Chatime owners La Kaffa…
Tealive owner Loob Holding Sdn Bhd will file an application for a stay and for leave to appeal to the Federal Court after the Court of Appeal granted an injunction by Chatime franchisor La Kaffa International Co Ltd against Tealive from continuing its…
Loob Holding Sdn Bhd, the creator of Malaysia’s Tealive bubble tea brand, today announced a joint venture with two China companies to bring 500 Tealive stores to China within three years. The Malaysian company inked the deal with Zhejiang Boduo International…
Chatime Malaysia Sdn Bhd yesterday issued a legal letter to Loob Holding Sdn Bhd for the misrepresentation and defamation on Chatime implying that the brand had been replaced and renamed as Tealive. Chatime Malaysia group managing director Aliza Ali said Loob…
Bubble-tea brand Tealive has made its debut in Vietnam with two stores in one month. The first one is located in Vincom shopping centre while the second one is a standalone store on Le Thanh Ton Street, near Ben Thanh market. To mark its debut in Vietnam,…
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,…
Malaysia’s Chatime bubble-tea stoush continues, with a fresh argument regarding outlet loyalties. Taiwanese Chatime franchise owner La Kaffa International says nearly 50 outlets will stay with it, while former Malaysian master franchisee Loob Holdings claims…
