Big opportuni-tea: Loo (right) speaking to reporters after the JV signing ceremony. With him is Boduo executive director Yu Tong. Loo says the first Tealive outlet in China will be in Shanghai.
PETALING JAYA: Tealive bubble tea brand owner Loob Holding Sdn Bhd, which has entered into a joint venture (JV) with two Chinese companies, plans to set up 500 stores in China.
The company is in talks with seven markets, of which three are in the advanced stage of negotiations.
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