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Bubble tea players wrapping up expansions to conquer the vietnamese market

Many bubble tea makers are expanding their operations to conquer the domestic market, which is estimated an equity valuation of nearly $400 million.

Tinh lam dongRepublic ofHo chi minh cityH chíinhTo masanKyonggi doSouth koreaPhuc longNgh anHan iCholla namdoLe nguyenNguyen dinh chieuSon kim groupMasan groupSherpa company ltd

Vietnam s Masan Group increases stake in beverage chain Phuc Long Heritage to 85%

The latest transaction values the tea and coffee chain at $450m

Republic ofHong kongAbu dhabiAbuz abyUnited arab emiratesPhuc longNgh anYork stock exchangeMasan groupSherpa company ltdAbu dhabi investment authoritySherpa companyMasan group corporationPhuc long heritage joint stock companyNew york stock exchangeMasan consumer holdings

Trusting Social raises $65m Series C from unit of Vietnam s Masan

Trusting Social and Masan plan to develop an AI-powered consumer tech platform.

Republic ofJawa tengahDanny leSherpa company ltdMasan group corpSequoia capitalTrusting socialSequoia capital backed trusting socialMachine learningTanglin venturesKima venturesGenesis alternative venturesTanglin venture

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