NEWS WRAP: Chagee posts double-digit growth, as global expansion advances
The premium tea chain’s revenue rose 10.5% in the second quarter, as it entered the U.S. with its first store in Los Angeles https://youtu.be/4XDOwHwZ-cI By Doug Young Premium tea…
Forget the pearls and cheese, Chagee says, offering up simpler milk teas for U.S. investors
The premium tea chain has filed to list on the Nasdaq, reporting its revenue rose more than 20-fold between 2022 and 2024 Key Takeaways: Chagee has filed for a New…
Weak sentiment may leave Auntea Jenny thirsty for better valuation
The bubble tea chain has relaunched its Hong Kong IPO, after the Chinese securities regulator resumed approving such new listings Key Takeaways: Auntea Jenny has revived its Hong Kong listing…
Chinese securities regulator puts lid on Hong Kong IPO tea party
The CSRC has temporarily stopped approving new Hong Kong listings by bubble tea makers, affecting pending applications by Mixue and Guming, according to a Reuters report Key Takeaways: China’s securities…
NEWS WRAP: Nayuki pours up first annual profit
The premium tea chain aims to expand through franchising to boost its growth amid intense competition By Teri Yu Premium tea seller Nayuki Holdings Ltd. (2150.HK) on Wednesday reported its first annual profit since…
HeyTea brings its bubbly brew to Europe. But are its prospects deflating?
Chaotic opening in London’s Chinatown may create the wrong kind of buzz as China’s leading bubble-tea chain tries to expand beyond Asia Key Takeaways: HeyTea’s opening of a London store,…
