Gourmet Master (TPE: 2723): Taiwan's Rapidly Expanding Version of Starbucks

Gourmet Master Co., Ltd. (TPE: 2723) is an investment holding company operating around 1,000 bakery cafes under the 85°C name in Taiwan, China, Hong Kong, Australia, United States, and Cambodia.

Jul 08, 2023

∙ Paid

Gourmet Master Co., Ltd. (TPE: 2723) is an investment holding company operating around 1,000 bakery cafes under the 85°C name in Taiwan, China, Hong Kong, Australia, United States, and Cambodia. Although founded in Taiwan, the Company is actually a "foreign company" registered in the Cayman Islands to help its Taiwanese owners avoid local taxes as most …

Continue reading this post for free, courtesy of Emerging Market Skeptic.

Or purchase a paid subscription.