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Serenitea was founded by Peter Chen and his then-fiancée Juliet Herrera. To create the brand, the couple borrowed ₱800,000.00 (around US$18,000.00) from their parents. [3] [4] [5] The first Serenitea branch opened in Little Baguio, San Juan, Metro Manila on December 19, 2008, and has since expanded to more than 70 branches nationwide.
The Island Tea chain is owned by Ceylanka Trading Incorporated (CTI), headquartered in Philippines since 2017. The franchise modeling of the brand was introduced by Francorp Philippines, a franchise consulting firm in Philippines in April 2018. Island Tea has been a member of the Philippine Franchise Association since 2019. [4] [5]
Quickly (Chinese: 快可立; pinyin: Kuàikělì) is a tapioca milk tea franchise, with over 2000 locations in Africa, Asia, Europe, and North America. [1] Quickly is the brand name of Kuai Ke Li Enterprise Co. Ltd., which was founded by Nancy Yang in Taiwan and started franchising.
The franchise agreement between the company and Délifrance Asia ended on December 31, 2011, and assets of Délifrance in the Philippines were sold to CafeFrance Corp. [54] CafeFrance Corp. intended to use all of the bought assets as its initial capital for a cafe chain under the a new brand name. [55] A Burger King outlet in Baliwag, Bulacan
This is a list of notable restaurant chains in the Philippines. A restaurant chain is a set of related restaurants with the same name in many different locations that are either under shared corporate ownership (e.g., McDonald's in the United States) or franchising agreements. Typically, the restaurants within a chain are built to a standard ...
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The brand's best-selling drink is its Chatime "pearl" milk tea. [2] The brand has a variety of drinks under categories such as milk tea, fresh tea, fruit tea, "oriental pop tea", "QQ" jelly (Not available in Australia), "mousse", juices, smoothies and coffee. [15] [16] Its products are available with less sugar. [1]
Cocoa was the top-performing commodity of 2024. The price of the bean surged as headwinds battered key producers. Prices are likely to stay high into 2025, analysts at ING said.