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Pedestrians are walking in a chakee store in Shanghai, China on March 14, 2025.
Cfoto | Future Publishing | Getty pictures
Chinese Bubble Tea Chain Chagee wanted to trade over Nasda using a primary open offer, “Cha” ticker.
The company is preparing to open the first US store in Westfield City City Mall in Los Angeles in this spring.
Since its establishment in 2017, the company has increased by more than 6,400 teaons between China, Malaysia, Singapore and Thailand since December 31. the films of the regulation. About 97% of their places are in China.
Chagee said this earned $ 344.5 million in revenues of $ 1.7 billion in 2024.
The founder and CEO Junjie Zhang created a chain to drink tea after drinking tea after inspiring the success of international coffee companies. China is the second largest market of Starbucks.
Chagee, who looked upon the upcoming Chagee “To serve tea lovers in 100 countries, creating 300,000 employment opportunities in the world and want to prepare 15 billion cups of fresh brewed tea and prepare 15 billion cups of fresh brews every year.”
If Çudee goes to the public in NASDAQ, the number of Chinese companies looking for a list of US companies will be connected to the number of DWindling. From January 2023 to 2024, the number of Chinese companies listed in the largest exchange of three in the largest exchange of the United States has decreased by 5% US-China Economic and Safety Commission.
Relations between the United States and Beijing, as fontier grows, the political inspection has announced the US hopes of the United States. Shein now plans a London IPO after the end of this year MPs pushed back With plans to go to the public on the US exchange.
US investors can invest in another Chinese drink chain after the sample defined by Luckin coffee.
Luckin was established in 2017 and grown quickly. Until 2019, Starbucks in China counted the number of places, and the NASDAQ went to the public.
However, he said he was a fortune in 2020 inflated their salesresulting in its delistiation Nasdaq. The company is individual for the opportunities of Chapter 15. Buckin, executors responsible for fraud from bankruptcy to 2022.
Since then, Starbucks has overaxed as the largest coffee retailer in sales.
