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Null (THCHW) is a dynamic technology company specializing in innovative solutions for data management and cybersecurity. With a focus on cutting-edge research and development, Null has established itself as a leader in the digital security industry. The company's portfolio includes state-of-the-art encryption software, cloud-based data storage solutions, and advanced threat detection systems.
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TH International Limited (Tims China) (Nasdaq: THCH) partners with DiDi Chuxing to expand brand awareness through a cross-brand and cross-channel marketing campaign. The partnership resulted in 20,000 new loyalty club members and generated approximately 1.7 million yuan in incremental sales. Tims China's strategic focus on the commuting professionals market segment is furthered through this collaboration.
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TH International Limited (Nasdaq: THCH) Achieves Record-high Quarterly Revenue of RMB436.4 Million with 42.7% Year-over-Year Growth. Tim Hortons coffee shops and Popeyes restaurants in China reported significant financial growth, with adjusted store EBITDA margin reaching 7.5%. The loyalty club grew to 16.9 million members, and net new store openings reached 63, resulting in 763 system-wide stores at quarter-end.
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Total revenues increased 129.7% YoY to RMB411.7 million in Q2 2023. Same-store sales growth for company owned and operated stores was 20.4%. Adjusted store EBITDA margin increased by 31.6 percentage points. Net new store openings totaled 52. Registered loyalty club members grew by 95.4% YoY to 14.7 million.
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Tims China opens first Popeyes restaurant in Shanghai, plans to open 1,700 across China in the next decade
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TH International Limited (THCH) announces successful results of its exchange offer and consent solicitation. 81.6% of public warrants and 100% of private placement warrants were validly tendered. The company expects to accept all validly tendered warrants for exchange and settlement by June 14, 2023. The Post-Offer Exchange is set for June 27, 2023, where the company will issue 5,419,773 ordinary shares in exchange for the warrants tendered.
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FAQ
What is Null's primary focus?
Null specializes in innovative solutions for data management and cybersecurity.
What sets Null apart from competitors?
Null is known for its focus on cutting-edge research and development in the digital security industry.
What products does Null offer?
Null provides state-of-the-art encryption software, cloud-based data storage solutions, and advanced threat detection systems.
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