{"id":764934,"date":"2023-06-20T17:03:15","date_gmt":"2023-06-20T21:03:15","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/tims-china-announces-partnership-with-oatly-on-rtd-oatmilk-latte\/"},"modified":"2023-06-20T17:03:15","modified_gmt":"2023-06-20T21:03:15","slug":"tims-china-announces-partnership-with-oatly-on-rtd-oatmilk-latte","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/tims-china-announces-partnership-with-oatly-on-rtd-oatmilk-latte\/","title":{"rendered":"Tims China Announces Partnership with Oatly on RTD Oatmilk Latte"},"content":{"rendered":"

\nPartners launch new dairy-free ready-to-drink coffee line
\n<\/h2>\n
\n

SHANGHAI, China, June 20, 2023 (GLOBE NEWSWIRE) — TH International Limited (\u201cTims China\u201d (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops and Popeyes restaurants in China, announces a partnership with Oatly Group AB (Nasdaq: OTLY), the world\u2019s original and largest oat drink company. The partners have launched a new dairy-free ready-to-drink (RTD) oatmilk latte product line, the latest addition to Tims China\u2019s growing portfolio of convenient and tasty RTD beverages.<\/p>\n

\n \n <\/p>\n

\n Yongchen Lu, CEO of Tims China and David Zhang, Asia President of Oatly, Signing Strategic Partnership<\/em>\n <\/p>\n

The first RTD oatmilk latte products being released include an osmanthus latte (an iconic sweet and delicate flavor embraced by Chinese consumers) and a cold brew latte. Brewed with premium arabica beans, both products are the result of rigorous consumer research. They contain no dairy, no cholesterol, no trans-fat, and are low in sugar. The products are co-branded and available at Tims China\u2019s and Oatly\u2019s China e-commerce stores, and at a variety of other online and brick and mortar stores.<\/p>\n

\n \n <\/p>\n

\n Tims China and Oatly\u2019s Co-branded RTD Products<\/em>\n <\/p>\n

Yongchen Lu, CEO of Tims China, said, \u201cWe\u2019re particularly excited to partner with Oatly to launch this new RTD product line. We invite all of our guests, including our over 14 million loyalty members, to try our new oat milk lattes either to drink on the go or from the comfort of their homes.\u201d<\/p>\n

David Zhang, Asia President of Oatly, said, \u201cWe\u2019re delighted to team up with Tims China to offer this new range of drinks for both health- and taste-conscious consumers.\u201d<\/p>\n

The co-branded RTD products strengthen Tims China\u2019s out-of-store product portfolio. In addition to RTD products, the company has developed a series of retail products to allow its customers to enjoy Tims China\u2019s signature flavors and quality at home.<\/p>\n

\n ABOUT TH INTERNATIONAL LIMITED<\/strong>\n <\/p>\n

TH International Limited (NASDAQ: THCH) (\u201cTims China\u201d) is the parent company of the exclusive master franchisees of Tim Hortons coffee shops in mainland China, Hong Kong, and Macau and Popeyes restaurants in mainland China and Macau. Tims China was founded by Cartesian Capital Group and Tim Hortons Restaurants International, a subsidiary of Restaurant Brands International (TSX: QSR) (NYSE: QSR).<\/p>\n

The company\u2019s philosophy is rooted in world-class execution and data-driven decision making and centered on true local relevance, continuous innovation, genuine community, and absolute convenience. For more information, please visit www.timhortons.com.cn<\/a>.<\/p>\n

\n Contacts<\/strong>\n <\/p>\n

\n Public Relations<\/strong>
\n
ICR, LLC
TimsChinaPR@icrinc.com<\/a><\/p>\n

Follow @TimHortonsChina<\/a><\/p>\n

Photos accompanying this announcement are available at:<\/p>\n

\n https:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/851bf4eb-6105-4a6c-989e-6572e4798a0e<\/a>\n <\/p>\n

\n https:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/38cf2bd6-7a58-4834-ac71-201a92206866<\/a>\n <\/p>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

Partners launch new dairy-free ready-to-drink coffee line SHANGHAI, China, June 20, 2023 (GLOBE NEWSWIRE) — TH International Limited (\u201cTims China\u201d (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops and Popeyes restaurants in China, announces a partnership with Oatly Group AB (Nasdaq: OTLY), the world\u2019s original and largest oat drink company. The partners have launched a new dairy-free ready-to-drink (RTD) oatmilk latte product line, the latest addition to Tims China\u2019s growing portfolio of convenient and tasty RTD beverages. Yongchen Lu, CEO of Tims China and David Zhang, Asia President of Oatly, Signing Strategic Partnership The first RTD oatmilk latte products being released include an osmanthus latte (an iconic sweet and delicate flavor embraced by Chinese consumers) and a cold … <\/p>\n

Continue reading “Tims China Announces Partnership with Oatly on RTD Oatmilk Latte”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-764934","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nTims China Announces Partnership with Oatly on RTD Oatmilk Latte - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/tims-china-announces-partnership-with-oatly-on-rtd-oatmilk-latte\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tims China Announces Partnership with Oatly on RTD Oatmilk Latte - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Partners launch new dairy-free ready-to-drink coffee line SHANGHAI, China, June 20, 2023 (GLOBE NEWSWIRE) — TH International Limited (\u201cTims China\u201d (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops and Popeyes restaurants in China, announces a partnership with Oatly Group AB (Nasdaq: OTLY), the world\u2019s original and largest oat drink company. 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