Shares of Mixue Group, China’s largest bubble tea chain controlled by billionaire brothers Zhang Hongchao and Hongfu, jumped 43.2% in its highly anticipated Hong Kong stock market debut on Monday, ...
Hong Kong’s latest mega-IPO comes from a brand unfamiliar to U.S. investors, yet is also a household name to many throughout China and the rest of Asia thanks to snacks and drinks that can sell for as ...
Bubble tea may have started as a playful drink, but it has grown into an industry worth billions. But overseas expansion is no guarantee of success. Market saturation at home, rising costs and intense ...
NEW YORK/SHANGHAI, Dec 18 (Reuters) - Amanda Wang, co-founder of Chinese fast-growing beverage chain Ningji Lemon Tea, made four research trips to the U.S. before launching Bobobaba, designed to cater ...
Chinese tea chain Chagee filed to go public in the U.S. on the Nasdaq. The company is planning to open its first U.S. store this spring in Los Angeles. The fast-growing chain generated net income of ...
Korea JoongAng Daily on MSN
Chinese milk tea brands gaining ground in Korea with Jang Won-young endorsement
For many years, the only well-known milk tea franchise was Gong Cha, but Chinese brands like ChaPanda and Heytea have already ...
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 decoupling ...
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 first U.S.
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