Tim Hortons eyes China coffee drinkers with Tencent investment
https://techcrunch.com/2020/05/12/tim-hortons-eyes-china-coffee-drinkers-with-tencent-investment/
Canadian coffee-and-doughnut chain Tim Hortons has secured a heavyweight partner to further its China expansion. The company announced on its social media account (in Chinese) on Tuesday that it has landed funding from Tencent, the Chinese social networking and gaming giant, without disclosing the size of the proceeds.
Tim Hortons did not immediately respond to TechCrunch’s request for comment. A spokesperson for Tencent declined to comment on the investment.
Tim Hortons eyes China coffee drinkers with Tencent investment
May 12, 2020, 8:22am UTC
https://techcrunch.com/2020/05/12/tim-hortons-eyes-china-coffee-drinkers-with-tencent-investment/
> Canadian coffee-and-doughnut chain Tim Hortons has secured a heavyweight partner to further its China expansion. The company announced on its social media account (in Chinese) on Tuesday that it has landed funding from Tencent, the Chinese social networking and gaming giant, without disclosing the size of the proceeds.
> Tim Hortons did not immediately respond to TechCrunch’s request for comment. A spokesperson for Tencent declined to comment on the investment.