Chagee

Business focus

Food, Beverage & Catering

Description

Chinese modern tea-drink chain founded in 2017, operating over 6,400 teahouses across China, Malaysia, Singapore and Thailand under the brand name 霸王茶姬 (Chagee). The company listed on Nasdaq in April 2025 under ticker CHA, reaching a valuation of roughly $6 billion on debut, and reported 2024 revenue of about $1.7 billion; it has also begun opening stores in the United States, starting with Los Angeles.