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CREADOR’S purchase of a 30% stake in Loob Holding Sdn Bhd – the owner of milk tea brand Tealive – has reignited market interest in the food and beverage sector.
Creador founder and CEO Brahmal Vasudevan said the firm chose Loob to be its first investment in the fast-growing food and beverage sector as Tealive has grown to be the regional leader with over 650 stores in less than five years.
Private equity fund Creador is taking a 30% stake in Loob Holding Sdn Bhd which is the owner of top regional lifestyle tea brand, Tealive, due to its impressive revenue and net income.
THE Maxis Business Spark Engage series is back with the next Spark Engage forum, which will feature in-depth panel sessions and a keynote address.
KUALA LUMPUR: Maxis Business’ Spark Engage series is back with the next Spark Engage forum, featuring in-depth panel sessions and a keynote address.
KUALA LUMPUR: Leading lifestyle tea brand Tealive is set to enter into Cambodia with plans to set up 25 outlets within five years.
KUALA LUMPUR: Leading lifestyle tea brand in South East Asia, Tealive is poised to enter the Cambodian market and set up 25 outlets in five years.
WHILE the Covid-19 pandemic has had a socio-economic impact on the world, it certainly has accelerated digitalisation — changing the way we live, work and communicate.
LIKE it or not, the Fourth Industrial Revolution (IR4.0) is changing almost everything from the way we live, work and communicate right up to business models and employment trends.
The cacophony and buzzing activity swirling around what is the command centre of Loob Holding is probably endemic to most F&B businesses, especially those which profess to be on the cutting edge of millennials’ taste buds.