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26/04/2024 Changi Airport Group awards OUE tender for lease and development of new hotel at Changi Airport Terminal 2 ( General )
26/04/2024 Korean Air to launch new route to Macau ( General )
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24/04/2024 Puma to launch compostable shoes after a two-year pilot project ( Fashion )
24/04/2024 7-Eleven eyes 100,000 stores globally by 2030 ( General )
24/04/2024 Vietnam tops Southeast Asia in number of Apple suppliers ( Electronics )
24/04/2024 FPT and Nvidia to build $200M AI factory in Vietnam ( Electronics )
23/04/2024 Google Meet now lets users make annotations during presentations ( General )
22/04/2024 WhatsApp testing scheduling feature for easier event management in Communities ( General )
22/04/2024 EU set to approve Apple’s plan to open its NFC technology for rivals ( Electronics )
18/04/2024 Apple CEO Tim Cook says it is considering a manufacturing facility in Indonesia ( Electronics )
18/04/2024 Google Maps to show alternate transit and walking directions along with driving routes ( General )
17/04/2024 Apple releases iOS 17.5 beta 2 giving EU iPhone users more unique capabilities ( E-Tailing )
17/04/2024 WhatsApp rolls out new chat filters to help you locate unread and group conversations ( General )

Retail Asia24/04/2024

Shares in Chinese tea shop chain Sichuan Baicha Baidao Industrial fell more than 20 percent on Tuesday in its Hong Kong trading debut following a $330 million initial public offering (IPO). The shares were sold at US$2.23 each in the IPO, which is the largest in Hong Kong so far in 2024. Baicha Baidao shares […]

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Retail Asia12/12/2023

Chinese tea company Heytea has launched its first store in the US – in the heart of Broadway, New York, – as it continues its rapid international expansion, including into Malaysia, Australia, Canada, and London. The brand marked its US debut with a Times Square billboard and chose a location just a 10-minute walk from major New […]

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Retail Asia04/12/2023

Chinese tea brand Heytea has opened its first store at Kuala Lumpur’s newly-opened shopping destination, The Exchange TRX, as part of Heytea’s ambition to have a larger footprint in the country. The new store takes over an 80sqm space of the shopping mall’s Level C. The Malaysia launch, which the company described as its “important […]

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Retail Asia03/11/2023

The famous noodles dish pho has been franchised for the first time in the Philippines along with milk tea and spa services by three Vietnam’s companies. Pho’S, Phuc Tea and Care With Love have signed franchise contracts with Philippine businesses through the ecosystem of Go Global Holdings, a company that helps small and medium-sized businesses […]

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Retail Asia19/09/2023

Chupa Chups has partnered with boba franchise Chatime to launch drinks based on the lolly brand’s best-selling flavors: Grape and Strawberry & Cream. Dubbed “The Tea That Pops”, the lolly-based boba beverages are available in Chatime T-breweries nationwide from September 19 until October 31. “It’s not just a drink; it’s a whole vibe!” expressed Marta […]

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Retail Asia08/09/2023

Craft tea retailer The Berry Tea Shop has launched an equity crowdfunding campaign via Birchal as it seeks to scale the business and expand its product portfolio. The money raised will be used primarily to secure a new warehouse, venture into wholesale, scale marketing efforts, and introduce new products – including developing a ready-to-drink range. Founded in […]

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Retail Asia21/08/2023

Sri Lanka’s tea brand Dilmah has launched its luxury artisanal tea collection across 650 Coles supermarkets nationally. Dubbed ‘85 Reserve’ – the luxury tea range is sold in tin caddies each consisting of 20 large tea bags. It comes with six flavours and herbal infusions, namely Peppermint & Cinnamon, Ceylon Spice Chai, Lychee & Vanilla, […]

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Retail Asia21/07/2023

The founder of popular Sri Lankan tea company Dilmah has died at the age of 93. Merrill J Fernando was surrounded by his sons and grandchildren when he passed away on Thursday in Colombo, Sri Lanka. He known for his iconic ‘do try it’ slogan. The tea company announced Mr Fernando’s death saying his ‘greatness was […]

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Retail Asia25/04/2023

Airline catering company Noibai Catering Services earned revenues of nearly VND22 billion ($936,947) from selling milk tea last year, over 63% of it from sales aboard flights. According to its annual report, the company put milk tea on flight menus in July 2022. NCS’s milk tea is available on Vietnam Airlines flights at VND50,000 a […]

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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 […]

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Retail Asia07/12/2022

Mixue, a Chinese tea-based beverages brand that is set to list on the main board of the Shenzhen Stock Exchange, has recently entered the South Korean and Japanese markets. In the beginning of November, an account named “MIXUE.Japa” became active on Xiaohongshu, a lifestyle-sharing Chinese social media platform, where it released a brief opening notice and […]

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Retail Asia09/10/2022

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 consider an IPO if the timing and pricing are attractive,” Bryan Loo, […]

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Retail Asia18/08/2022

Turnover of the Vietnamese bubble tea market hit $362 million in 2021, ranking third among six major Southeast Asian markets, according to a recent study. The region’s largest market was Indonesia with an estimated $1.6 billion annual turnover. Thailand came in second with $749 million, according to a study by Singapore-headquartered venture outfit Momentum Works […]

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Retail Asia24/06/2022

In times of stress or crisis, when things tend to go wrong, it’s important you let your mind relax and take it easy. So when time gets tough, may we suggest tea to rescue? It’s believed that in times of stress, a cup of tea can work wonders for your nerves. In countries like Japan […]

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Retail Asia17/06/2022

Telecommunication giant Huawei Technologies Co’s recent plan to enter the on-premise coffee market in China has triggered heated discussions on the beverage’s role in rejuvenating established non-food brands among younger consumers. Huawei has applied for two trademarks related to coffee. The registered name of one trademark is “One Cup of Coffee Absorbs Cosmic Energy”. The […]

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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. […]

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Retail Asia03/03/2022

V3 Group, which owns brands such as Osim and TWG Tea, has filed for an initial public offering (IPO) on the main board of Hong Kong’s stock exchange. V3 Brands Asia, an investment holding company wholly owned by V3 Group – made an application to the Hong Kong Exchange for a global offering on Monday […]

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Retail Asia10/02/2022

Conglomerate Masan announced Wednesday that it has spent an additional $110 million to increase its ownership in the Phuc Long beverage chain from 20 percent to 51 percent. “Since Masan’s initial investment, Phuc Long has demonstrated strong synergies with MSN’s Point-of-Life strategy, which can now be accelerated with Phuc Long as a consolidated subsidiary of […]

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Retail Asia01/02/2022

King Coffee has a presence in 120 countries and is still on its way to expand further on the world map. Expo is a 170-year old event that takes place every five years, gathering businesspeople from more than 190 countries. This expo showcases all the remarkable events of a country’s past, present, and future. This […]

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Retail Asia24/01/2022

Today, Starbucks celebrates the journey of coffee from seed-to-cup by opening its largest destination in Southeast Asia – the Starbucks Dewata Coffee Sanctuary. The one-of-a-kind Coffee Sanctuary demonstrates Starbucks Indonesia’s coffee leadership in partnership with licensee PT Sari Coffee Indonesia Limited, building upon 16 years of innovation in design, customer experience, and community impact. The […]

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