Nayuki tweaks franchising model as competitors serve up rival listings
The premium tea seller had 205 franchised stores in its network at the end of March, following its decision last year to diversify beyond self-operated stores Key Takeaways: Nayuki’s new…
Auntea Jenny steeped by rivals in flood of bubble tea IPOs
The folksy-named company is the latest chain from an increasingly crowded and cut-throat Chinese premium tea industry to seek investor dollars in Hong Kong Key Takeaways: Premium tea chain Auntea…
Guming joins China’s tea market party with IPO bid
The tea chain that sells fruity and milky brews in China’s smaller cities has been dubbed a cheaper version of the upmarket Heytea brand Key Takeaways: As of the end…
Mixue brews up renewed IPO bid, tempting investors with overseas expansion
After an aborted attempt to list on China’s domestic A-share market, the country’s leading bubble tea chain has filed a new IPO application for Hong Kong Key Takeaways: Mixue has…
Nayuki brews up traditional teahouse concept
The premium tea seller opened its first teahouse concept store in Shenzhen over the weekend, serving traditional-style teas and snacks at affordable prices Key Takeaways: Nayuki is experimenting with a…
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,…
In uncertain times, Nayuki bets on enduring consumer taste for premium tea
The leading maker of milk tea aims to boost its store network by 40% in the second half of this year, taking advantage of favorable rents and locations in China’s…
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