TH International Limited, the exclusive operator of Tim Hortons coffee shops in China, announced that it has opened its 500th coffee shop and grew consolidated revenue by over 70 per cent in the first half of 2022 versus the same period last year.
The 500th store is located in Dongguan, a city of over 10 million people on the Pearl River delta, less than 50 miles from Hong Kong. This latest opening underscores Tims China’s acceleration into new cities across China.
Tims China’s first store in Dongguan captures the signature warmth of the brand as well as locally relevant nuances, reflecting the southern location and local style, and offers a relaxing environment for guests seeking comfort and refreshment.
Yongchen Lu, CEO of Tims China, said: “We have entered autumn in a very special way this year. Closely following our listing as a public company, we are pleased to announce our 500th coffee shop.”
