In Focus

Bryan Loo talks to QSR Media about the bubble tea’s ‘virtual drive-thrus’, his long-term vision for the stores and planned acquisitions.

It currently operates more than 3,600 restaurants across the country.

Analysts also provide an outlook for the future and on particular trends.

Earlier reports say the company could raise around US$2 billion.

A “co-branding” strategy will be utilised in the first year of business.

The chain recently opened two stores operated entirely by women.

It expects to remain profitable in the next 12 months.

Total sales in June was estimated at S$496 million.

The fast food giant also has plans to reduce their stake in their Japan business.

The move expects to reach up to nearly one billion users.

The company is expected to open more restaurants this year.

Collectively, the business has 514 restaurants in its portfolio.

The restaurant chain is expected to enter the city by early 2021.

Consumers’ focus on recycling is also increasing.

The operator also plans to trim its workforce amidst the viral outbreak.

The South Korea-headquartered chain initially had plans to further expand in the U.S. and Singapore.