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A 30-year-old Chinese entrepreneur has become an unlikely billionaire with the listing of his sprawling tea shop chain in the US, even as tensions between the two nations stoke an economic ...
Heytea's logo, which features a tea-drinking cartoon character in profile, was updated with an animated image of Alexander Wang, whose long black hair flows behind him as he sips tea in the brand ...
Chinese tea chain Chagee filed for a U.S. initial public offering on Tuesday, seeking to trade on the Nasdaq using the ticker “CHA.” The IPO filing comes as the company prepares to open its ...
China’s freshly made tea drinks market, as measured by gross merchandise value, is expected to reach 426 billion yuan (S$76.5 billion) by 2028, from 273 billion yuan in 2024, according to data ...
Its logo features the figure of a huadan, a young woman in the Peking Opera. Unlike bubble tea brands known for sugary, tapioca-filled drinks, Chagee specialises in premium, milk-based teas using ...
Davis Polk & Wardwell, King & Wood Mallesons and Maples and Calder advised Chinese bubble tea company Chagee on its U.S. initial public offering (IPO), which raised just over $410 million last week.
The Shanghai, China-based company, founded in 2017, specializes in healthy, freshly made tea beverages and is a bit of a global powerhouse, with more than 6,440 locations in China, as well as ...
Shares of Chinese tea chain Chagee climbed 15% during its public market debut on Thursday, as the company plans a U.S. launch despite trade tensions between Washington and Beijing.
Chinese Tea Chain Chagee Reveals Revenue Surge in US IPO Filing. More. Reuters. FILE PHOTO: The Nasdaq logo is displayed at the Nasdaq Market, in New York City, New York, U.S., February 13, 2025.
A 30-year-old Chinese entrepreneur has become an unlikely billionaire with the listing of his sprawling tea shop chain in the US, even as tensions between the two nations stoke an economic ...