Loob Holdings’ bubble tea brand Tealive has officially launched its first Tealive outlet in Manchester, UK via a partnership with Legend Ventures Ltd.
“This may seem a small step for some but it is a giant leap for us in mindset as a Malaysian brand breaking into Europe,” CEO Bryan Loo said in a statement.
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We were thrilled to kick off our first Tealive flagship store in UK Manchester! And it’s definitely in line with our vision to expand Tealive footprints into European market in near future. @tealiveuk Kudos to team UK ?? for their enormous efforts in bringing the mission to LIVE ❤️?? @samchin84 #LoobxLegendADVERTISEMENT
According to Legend Ventures CEO Samuel Chin, the company is planning to open a second store later this year in London, and is expected to open a total of five outlets in the first year of operations.
“We look forward to being a good springboard for Tealive into Europe with our business presence and understanding of the western market,” he said.
Currently, Tealive has over 250 outlets in Malaysia with 3 million consumers each month. The brand plans to expand into 6 more countries in 2019 and have 1,000 stores in the region by 2020.