Saturday 12 October 2024

Reborn Coffee closes strategic Master License Agreement for Guangdong Province, China

The partnership aims to leverage the strengths of both companies to offer a unique Fourth Wave coffee experience that aligns with the sophisticated tastes and lifestyle aspirations of local consumers

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BREA, Calif., USA – Reborn Coffee Inc., a California-based retailer of specialty coffee, today announced a significant expansion into the China market through a strategic Master License Agreement with IAID Co., Ltd., a visionary architectural and interior design consulting firm. This agreement will introduce a flagship location in Guangzhou #73, situated in a central, historic district bustling with tourists. The site will feature a comprehensive brand center, setting the stage for future expansions into major cities like Shanghai and Shenzhen, China.

The joint venture combines Reborn Coffee’s experience in retail coffee operations with IAID Co., Ltd.’s expertise in lifestyle design. Together, they aim to revolutionize the coffee culture in China, particularly in the vibrant Guangdong Province, which boasts a population of over 127.06 million.

Henry Hu, CEO of IAID Co., Ltd., and a well-respected figure in China’s furniture design industry, expressed his enthusiasm for the new lifestyle social gathering venture, stating, “We are thrilled to join with Reborn Coffee’s robust retail operation capabilities. Our collaboration is set to redefine the coffee scene by introducing a premium specialty coffee experience coupled with a high-quality, design-focused lifestyle social gathering. We are confident that this unique fusion will not only captivate the region but also propel Reborn Coffee to tremendous success in Guangdong Province.”

The partnership aims to leverage the strengths of both companies to offer a unique Fourth Wave coffee experience that aligns with the sophisticated tastes and lifestyle aspirations of local consumers. Drawing on the successful model of Reborn Coffee in Malaysia TRX, this collaboration seeks to replicate that success in China. The flagship location in Guangzhou will serve as a model for the forthcoming locations in Shanghai and Shenzhen, showcasing the premium quality and innovative approach of Reborn Coffee.

“We are fully dedicated to ensuring our expansion into China becomes a landmark success. This joint venture with IAID Co., Ltd. is a significant step forward in our strategic endeavors to introduce Reborn Coffee’s distinctive coffee culture to new geographies,” stated Jay Kim, CEO of Reborn Coffee Inc.

This strategic expansion further exemplifies Reborn Coffee’s commitment to global growth and innovation in the coffee industry. The company looks forward to enriching the coffee experience for consumers in Guangdong Province and beyond.

CIMBALI

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