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Tuesday, May 28, 2024 2:55:12 PM
1. The CEO, Lin Yikuan, founded Sanheyuan, a Taiwanese catering company which also provides carryout and dine-in options in major shopping malls in Taiwan, and apparently one Sanheyuan store once generated revenue of $60 million in a single year. (I think this is something you referenced in a post a couple weeks back).
2. They have entered into the fusion market with "Taiwan Soul French Cuisine." That sounds like a very unique combination. Apparently this was an effort to revolutionize Taiwanese food and make it more interesting to the younger generations. It sounds like it's worked, and they have been receiving Michelin stars for awhile for their restaurant in this arena, named "Tairroir."
3. A catering company (also designed by Yikuan) named 85TD opened at the beginning of this year in Taipei 101, and serves the 85th and 101st floors of the building. That sounds like a great move, considering the size of that building, and it explains how they chose this building as their headquarters. Apparently they have a chef, Xie Wen, who is the "Master of Cantonese Cuisine" working there. The revenues that could come from this venture could be big - imagine getting a foothold with a great restaurant in the Willis Tower, or One World Trade, as examples.
It's that tweet that has me thinking a little bit bigger here - seems like there's serious revenue potential between these three ventures, if they're in fact all tied into San Global Dining.
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