News

China bubble tea giants to apply for Hong Kong IPO

Both are planning to raise around $300m to $1b.

Chatime expands presence in Hong Kong, Thailand

The brand is planning to focus its growth on high-end malls.

Jollibee bolsters investment in Tim Ho Wan parent

JFC previously invested in the group in 2018.

Milksha announces Singapore exit

The brand announced its closure on 31 December.

Marrybrown charity arm donates MYR2,000 to three orphanages

The group held a symbolic cheque presentation for each orphanage.

KFC to challenge China’s coffee market

The brand recently opened its 10,000th restaurant in China.

Tim Hortons Singapore leverages premium arabica beans, freshly-made food

Tim Hortons recently opened its first outlet in Singapore last November.

Gong cha eyes ‘untapped’ Central America market

The brand recently signed two new master franchisees.

Tim Hortons to open 150 outlets in South Korea 

The brand plans to open them in five years.

Chatime Philippines sees growth opportunities in petrol stations

Chatime Philippines collaborates with Shell to open outlets in petrol stations, complementing its nationwide growth and store revamp plans.

Chinese tea brand Heytea announces US entry

The brand has over 3,000 outlets in China.