Can Thai tea chain ChaTraMue burst the bubble tea market in Southeast Asia?

Malaysian hospitality company Woodpeckers Group has added a new food business to its portfolio, with the recent signing of a 20-year franchise agreement with Cha Thai International, the owner of popular Thai tea chain ChaTraMue.  The agreement will see Woodpeckers open between eight and 10 ChaTraMue stores in Malaysia this year, with an additional 30 stores scheduled for the following year. Notably, five stores are slated to commence operations in the first quarter of the upcoming year. Woodpec

This content is for IR Pro subscribers only.

Subscribe now to unlock an all-access pass.

IR Pro - monthly

$5 +GST for the first 30 days. (Auto renews at $28+GST per month.)
  • Unlimited news access
  • Daily IR Pro content straight to your inbox
  • Exclusive members only masterclasses (live and on-demand)
  • Weekly careers advice
  • Independent research reports and forecasts
  • Indepth interviews with industry leaders and experts
  • Weekly and quarterly digital magazines delivered to your inbox
Subscribe now
Retailer’s choice

IR Pro - annual

$312 +GST per year. (Auto renews annually.)
  • Unlimited news access
  • Daily IR Pro content straight to your inbox
  • Exclusive members only masterclasses (live and on-demand)
  • Weekly careers advice
  • Independent research reports and forecasts
  • Indepth interviews with industry leaders and experts
  • Weekly and quarterly digital magazines delivered to your inbox
Subscribe now