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China’s Chagee to establish joint venture for South Korea launch

A flagship Chagee store in Shangcheng District, Hangzhou City | Photo credit: Chagee

The move comes as the Shanghai-based tea chain continues to scale its international presence following first stores in the US, Indonesia and the Philippines within the last six months

Chagee is set to finalise a joint venture partnership in South Korea within the next six months as it gears up to enter one of the world’s most competitive branded café markets.

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