Posts by tag
bubble tea
9 posts
Tea chain Phuc Long reaps profits of $8.26M
Conglomerate Masan Group, parent company of beverage chain Phuc Long Heritage, said the chain’s profits of VND195 billion ($8.26 million) last year topped the Vietnamese bubble tea market. Phuc Long,…
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Chinese tea chain Nayuki takes stake in Lelecha for $75 million
Chinese bubble tea chain Nayuki has acquired a significant share in the operator of premium tea chain Lelecha for US$75 million. The acquisition deal will make Nayuki the majority shareholder…
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Toronto’s new design and bubble tea cafe hopes to build a bridge between artists in Asia to Canada. Meet Benkei Hime
Knowing the toll the pandemic has taken people worldwide, Jason Wang was inspired to create a “unique and audacious” experience for people to look forward to when restrictions eased. And…
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Taiwanese Concept Gong cha Eyes Aggressive U.S. Expansion
One goal is to open 50 company-run stores in Chicago over the next several years. Bubble tea goes by many names. Boba, boba tea, milk tea, bubble milk tea, tapioca…
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Philippines’ Jollibee takes stake in Taiwan bubble tea chain Milkshop
Multinational Jollibee already sells Milkshop drinks in some of its restaurant chains Jollibee Food Corp., the largest restaurant and fast food company in the Philippines, will take a 51% stake…
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Taiwan’s not just bubble tea, say these tea houses coming up with new drinks and innovating on the country’s drinking culture
From bottled cold brews to cocktails, three tea entrepreneurs are combining a reverence for Taiwan’s traditions with drinks that will appeal to younger people. While Taiwanese tea has always been…
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IN FOCUS: Singapore’s love affair with bubble tea – an obsession that will never die?
When Singapore introduced a “circuit breaker” in April to limit the spread of COVID-19, people had questions about the implications. What would it mean for work and family life? What about school?For some people, one…
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Breakingviews – Tea bubble is set to inflate in China
Get ready for a tea comeback in China. The drink so closely associated with the country’s history has been supplanted of late in the zeitgeist and financial markets as a…
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