CHANGSHA, China, July 31, 2020 /PRNewswire/ -- Urban Tea Inc. (the
"Company," "we" or "Urban Tea")
(NASDAQ: MYT), a premier retailer of specialty teas and baked goods
based in Hunan, China, today
announced the date of the grand opening of MENO, a specialty tea
and coffee house, in West Village near Washington Square Park in
Manhattan, New York City. The
grand opening will take place on Saturday
August 1st, 2020. MENO's opening will mark the
arrival of the Company's first overseas tea house, bringing New
Yorkers a variety of specialty teas, coffees, juices, other drinks
and light snacks/meals.
"We are excited to celebrate the opening of our first overseas
tea house MENO, as part of our international expansion plan," said
Long Yi, Chief Executive Officer of
Urban Tea. "In the fast-paced
New York City, MENO aims to
provide a sanctuary for guests to take a rest, slow down, and truly
appreciate the simple pleasures found in a cup of tea or
coffee."
MENO is designed as a quaint and stylish space, decorated
with modern and traditional Asian styles. It is bathed in white and
includes light wood-style seating and small tables. MENO has a
15-seat capacity and currently planned to be open from Tuesday to
Sunday from 9 a.m. to 8 p.m. EST.
Takeout and delivery options will be available via delivery
platforms such as GrubHub, UberEats, HungryPanda and ChowBus.
All the items found on the menu are inspired by the tea and
coffee products of our "Buoyance Manor" stores in China, customized to fit the New Yorkers'
palate and aesthetic. The menu offers Coffee Meets Juice, a
one of a kind, curious and delicious mixture of different freshly
squeezed juices and coffee; Dark teas, MENO's absolute
specialty, are one of the most ancient types of teas from
China and are rarely found in
New York City. The teas, which can
be served hot or cold, have undergone microbial fermentation for up
to eight years; Fresh Milk Teas, served hot or cold and made
with organic whole milk, come in three varieties including
peach-flavored oolong tea, honey-flavored black tea, and
Jasmine-flavored green tea; Cheese Foam Fruit Teas are
served cold and made with fruit slushies and fine green tea, topped
with a frothy layer of milk and cream cheese, and sprinkled with
salt for a sweet and savory sip; Coffees are also
spotlighted, using premier blends from Counter Culture Coffee with
options such as Espressos, Americanos, Lattes, Cappuccinos, Iced
Americanos and Iced Lattes.
Additionally, a small curated food menu is also provided as the
perfect complement to the beverages with savory choices like Smoked
Chicken Breast Salads and Beef Bologna Sandwiches.
MENO will be located at 218 Thompson Street, New York, NY 10012. Follow @meno_newyork on
Instagram for more information.
About Urban Tea,
Inc.
Urban Tea, Inc. is an
emerging specialty tea product distributer and retailer
headquartered in Changsha City, Hunan
Province, China. Through its wholly owned
subsidiary, Mingyuntang (Shanghai) Tea Limited which
controls Hunan Ming Yun Tang Brand Management Co.,
Ltd. and Hunan 39 Pu Tea Co., Ltd., the Company
currently market a wide range of trendy tea drinks, light meals,
and pastries targeting the new urban generation. Our
products are focused on not only their taste but also their
aesthetic presentation and health benefits. Our products are
currently being offered via our own stores. For more information,
please visit: http://ir.h-n-myt.com/investor.
Forward-Looking Statements
This press release contains certain statements that may include
"forward-looking statements." All statements other than statements
of historical fact included herein are "forward-looking
statements." These forward-looking statements are often identified
by the use of forward-looking terminology such as "believes,"
"expects" or similar expressions, involving known and unknown risks
and uncertainties. Although the Company believes that the
expectations reflected in these forward-looking statements are
reasonable, they do involve assumptions, risks and uncertainties,
and these expectations may prove to be incorrect. You should not
place undue reliance on these forward-looking statements, which
speak only as of the date of this press release. The Company's
actual results could differ materially from those anticipated in
these forward-looking statements as a result of a variety of
factors, including the uncertainty about the spread of the COVID-19
virus and the impact it will have on the Company's operations, the
demand for the Company's products, supply chains, New York City's regulation of restaurants, and
economic activity in general. These and other risks and
uncertainties are detailed in the risk factors discussed in the
Company's periodic reports that are filed with the Securities and
Exchange Commission and available on the SEC's website
(http://www.sec.gov). All forward-looking statements
attributable to the Company or persons acting on its behalf are
expressly qualified in their entirety by these risk factors. Other
than as required under the applicable securities laws, the Company
does not assume a duty to update these forward-looking
statements.
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SOURCE Urban Tea Inc.