The No. 20 chain in China, Heytea is reportedly prepping for an IPO in Hong Kong in the near future
The global pandemic is hitting restaurants particularly hard, yet these operators are looking to go public.
Kyochon | Chicken | Fullservice
South Korea’s No. 11 chain has been prepping its IPO since 2018 and got clearance
for it in September.
Paik’s Coffee | Coffee | Quickservice
The Born Korea, parent of South Korea’s No. 4 coffee chain, began prepping
its IPO in April.
Barbeque Nation | Varied Menu | Fullservice
India’s biggest FSR got greenlighted
for its IPO in July and hopes to fetch up to US$200 m.
Heytea | Specialty | Quickservice
The innovative cheese-tea pioneer reportedly plans to launch
its IPO in Hong Kong next year.
Nayuki Tea | Specialty | Quickservice
After a reported US$100 m funding round, the China-based tea chain plans to launch
an IPO in Hong Kong.
Tealive | Specialty | Quickservice
Malaysia’s second-fastest-growing chain expects to raise
up to US$72 m with a planned IPO in 2021.
Guzman y Gomez | Mexican | Quickservice
Australia’s No. 2 chain in the Mexican category, Guzman y Gomez started readying
its IPO after the crisis hit.
About Technomic Global Foodservice Navigator
US-based market researcher Technomic tracks in this program restaurant chain news and developments daily across 25 countries in a dozen languages.