With the local milk tea sector valued at US$64.57 ... Alex said Mixue is a testament to the brand’s leveraging of its huge presence in China and logistical prowess in its overseas expansion ...

Chinese tea chain Chagee said on Thursday it was targeting a valuation of up to $5.1 billion in its U.S. initial public ...

He traveled from Hong Kong to Chengdu to attend the 112th China Food and Drinks Fair held in late March. "I came specifically to seek out good brands ... milk tea became an instant hit, while in Kuala ...

Founded in 2017, Chagee is a premium tea brand. As of December 31, 2024, its network comprised 6,440 teahouses, including 6,284 in China, the company said. Chagee's net revenue jumped to 12.41 ...

The successive listings of Chinese tea brands reflect the capital market's confidence in China's consumer sector, Tian Yun, a veteran economist, told the Global Times on Wednesday, noting that ...

[HONG KONG] Chinese bubble tea and drinks firm ... The Zhengzhou-headquartered firm quickly expanded across China and became a hit with frugal young consumers, disrupting a sector once dominated by ...

Founded in 2017 by Junjie Zhang, Chagee opened its first store in Yunnan province and has since rapidly expanded across and beyond China. The tea brand generated 29.5 billion yuan ($4.03 billion ...