Chagee marches ahead in latest overseas push

Quick Summary:

CHAGEE Holdings Ltd, a leading Chinese premium tea beverage brand, made its debut on the Nasdaq stock exchange on April 17, signaling the company's global expansion drive and mirroring the rising presence of Chinese tea drinks overseas.

Unlike several competitors who thrived on trends like cheese tea or fruit tea, Chagee focused on original leaf fresh milk tea, building a niche with its streamlined, efficient, and quality offerings.

Since its founding in 2017, the company has envisioned creating a global brand, said Zhang Junjie, founder, chairman and CEO of Chagee.

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Category: EconomyBusiness

Markets: MalaysiaAustraliaCanadaChinaSouth KoreaMaliSingaporeSpainThailandUnited KingdomUnited States

Topics: ChaPanda Mixue /Business/Business News Chagee Retail Expansion Heytea Milk tea Nasdaq

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-01 @ 13:21:00 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 1004 words

Reading Time: 6 minutes read

Sentences: 47 lines

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Copyright Owner: © The Star

News ID: 28306762

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