Matter of Fact: A play on "matter" (physics) and "facts" (news).

The Artisan’s Craft and the Capitalist’s Harvest

22 min · 19. juli 2026
episode The Artisan’s Craft and the Capitalist’s Harvest cover

Description

Gong Cha originated in Taiwan from the meticulous efforts of artisan Wu Zhen-hua, who spent a decade and conducted 23,000 experiments to perfect the brand’s signature milk foam. The business was transformed into a global franchise by Australian banker Martin Berry, who recognized its commercial potential and orchestrated a reverse takeover of the original Taiwanese parent company. Now a London-based entity valued at $2 billion, the brand has evolved from a handcrafted beverage into a high-value global financial asset from which the original founder has largely departed.

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