Tims China Launches Collaboration with DiDi to Expand Customer Base

By: TH International Limited via GlobeNewswire

December 21, 2023 at 01:29 AM EST

SHANGHAI, China, Dec. 21, 2023 (GLOBE NEWSWIRE) -- TH International Limited (“Tims China” (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops and Popeyes restaurants in China, has partnered with ride-hailing company DiDi Chuxing (“DiDi”) as part of a brand-building campaign. This new partnership focuses on cross-brand and cross-channel marketing, leveraging Didi’s large customer base to bolster awareness of the Tims China brand.

DiDi app users who hailed rides between November 27 and December 10 accumulated points toward a free Tims bagel or coffee. Tims China customers who purchased an item in its Orange Aroma series, such as the Orange Cinnamon Latte, received a co-branded Tims-DiDi sticker and cup sleeve. Tims China also set up DiDi-themed stores in Beijing, Shanghai, Guangzhou, Wuhan, and Chengdu as part of the cross-brand promotion.

As a result of the campaign, Tims China acquired around 20,000 new loyalty club members and generated approximately 1.7 million yuan in incremental sales. Furthermore, the campaign garnered significant attention on Xiaohongshu (also called “Red”), China's popular social network, with over 11 million views.

Co-branded sticker and cup sleeve DiDi-themed Tims China store

The partnership initiative combines the customer reach of DiDi’s huge transportation portfolio of taxis, ride-hailing vehicles, and shared bicycles - all widely accessible across China - with Tims China’s expansive network of over 800 stores. The partnership extends the customer base of both brands and furthers Tims China’s strategic focus on the important market segment of commuting professionals.

"We are excited to be reaching new customers amongst Didi’s large ridership," said Yongchen Lu, CEO of Tims China. "Our collaboration with DiDi Chuxing, a world leader in transportation services, is a great example of cross-channel promotion that builds our loyal customer base, which currently includes at over 18 million program members and is growing every day."

About TH International Limited

TH International Limited (Nasdaq: THCH) (“Tims China”) 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).

The company’s philosophy is rooted in world-class execution and data-driven decision making, and is centered on true local relevance, continuous innovation, genuine community, and absolute convenience. For more information, please visit http://www.timschina.com.

About DiDi Global Inc.

DiDi Global Inc. is a leading mobility technology platform. It offers a wide range of app-based services across Asia Pacific, Latin America, and other global markets, including ride hailing, taxi hailing, designated driving, and other forms of shared mobility as well as certain energy and vehicle services, food delivery, and intra-city freight services.

DiDi provides car owners, drivers, and delivery partners with flexible work and income opportunities. It is committed to collaborating with policymakers, the taxi industry, the automobile industry, and the communities to solve the world’s transportation, environmental, and employment challenges through the use of AI technology and localized smart transportation innovations. DiDi strives to create better life experiences and greater social value, by building a safe, inclusive, and sustainable transportation and local services ecosystem for cities of the future. For more information, please visit: www.didiglobal.com/news

INVESTOR AND MEDIA CONTACTS

Investor Relations

Tims China Investor Relations:

IR@timschina.com

Public Relations

Tims China Public Relations:

Patty.Yu@timschina.com

Photos accompanying this announcement are available at https://www.globenewswire.com/NewsRoom/AttachmentNg/43b8624c-b0f6-4c92-aca1-7ce57e462ddf

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