Gong Cha

Retail Asia17/02/2023

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 steel frames. A marketing campaign by Mixue offering “1000 Sydney students to have a drink for […]

Retail Asia17/03/2022

Global milk tea chain Gong cha is planning to expand in Australia with a further 17 stores this year. That’s adding to the 118 stores already operating. The plan for growth is part of a bigger international expansion goal, which sees the business focus on development in countries such as Japan, Mexico, New York, and the Philippines. […]

Retail Asia09/09/2019

International private equity company TA Associates will take an undisclosed stake in fast-growing bubble-tea chain Gong Cha. The investment is being made through TA Associates’ Hong Kong office, with settlement expected in early October. The value of the investment has not been revealed. Gong Cha’s South Korean operator will also participate in the capital raising. […]

Retail Asia30/04/2019

Gong Cha will team up with Tokidoki to create the world’s first bubble-tea funhouse at Singapore Shilin night market. The Tokidoki-themed bubble-tea funhouse will bring three new flavours including Rosa Latte, Berry Biscotti, Bambu Boba, served in Tokidoki co-branded cups. Boba enthusiasts can also treat themselves to bubble tea-inspired desserts such as Boba Pancake, and […]

Retail Asia12/03/2019

South Korean private equity firm Unison Capital is selling its Gong Cha bubble tea franchise in a deal likely to fetch up to US$442 million. The company purchased the brand four years ago for KRW34 billion ($30 million), before taking over its global headquarters in Taiwan in a KRW40 billion ($35.45 million) deal in 2017. […]

Retail Asia25/01/2019

South Korean private equity firm Unison Capital is selling its Gong Cha bubble tea franchise in a deal likely to fetch up to US$442 million. The company purchased the brand four years ago for KRW34 billion ($30 million), before taking over its global headquarters in Taiwan in a KRW40 billion ($35.45 million) deal in 2017. […]

Retail Asia06/10/2017

Never mind bubble wrap, the new SingPost Centre in Paya Lebar is about to have the flagship store for bubble-tea chain Gong Cha as it returns to Singapore. Under construction, the store will open in December. In May, the brand announced it was leaving Singapore and that its outlets would be replaced by new local […]

Retail Asia15/03/2017

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, Thailand, Indonesia, China, the UK and the US. The first T4 outlet in Vietnam is a […]

Retail Asia16/01/2017

Taiwanese bubble-tea brand Sharetea has launched into Vietnam with a store on the walking street of Nguyen Hue in central Ho Chi Minh City. Sharetea has more than 450 stores in more than 18 countries. Its drinks are made from tea leaves and ingredients shipped directly from Taiwan. It says its customers’ favourite drinks include […]

Retail Asia27/10/2016

Food enterprise ST Group has launched Japanese-style Hokkaido Baked Cheese Tart outlets in Australia. Using a traditional recipe involving three cheeses from Japan’s dairy heartland of Hokkaido, the tarts have already been introduced in Brunei, Indonesia, Malaysia, Shanghai and Singapore. Six outlets are planned for Australia, three in Melbourne to be followed by three in […]

Retail Asia21/10/2016

Bubble tea brand Gong Cha Korea is planning international expansion. Aided by the global passion for Hallyu, or the so-called Korean Wave, Gong Cha plans to open stores in the Middle East and Europe. It will also buy more than 1380 stores in 18 countries, including the US, Canada, Australia, New Zealand, China, Japan, Singapore, […]

Tag: Gong Cha

Chinese tea chain Mixue opens its first Australia outlet

Global milk tea chain Gong Cha will add 17 stores in Australia

Gong Cha secures private-equity investment to boost global expansion

Gong Cha to open world’s first bubble-tea funhouse

Gong Cha bubble tea could fetch US$442 million

Unison Capital could bag US$442 million for Gong Cha deal

SingPost Centre to have Gong Cha flagship

International brands battle for Vietnam milk tea market

Sharetea bubble tea arrives in Vietnam

Hokkaido Baked Cheese Tart heads to Australia

Gong Cha Korea to expand globally