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…
Chabaidao joins Hong Kong IPO tea party
The country’s third-largest premium tea chain operator has grown rapidly using a franchise model, and outperforms its peers in terms of gross margin Key Takeaways: Chabaidao’s revenue grew 34.8% to…
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…
Modern China Tea Shop fights the flow with traditional flavors, directly operated stores
The seller of more traditional premium teas is reportedly planning a Hong Kong IPO, which would make it the latest on a growing list of rivals seeking such listings Key…
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,…
Mixue Sips Success at the Bottom of China’s Premium Tea Market
The fast-growing chain whose bubble and milk teas typically sell for less than $1.50 has filed for a Shenzhen IPO that could value it at nearly $10 billion Key Takeaways:…
HeyTea Heats Up Premium Tea Market with Contrarian Price Cuts
Company lowers prices on some drinks, including a ‘Pure Green Tea’ drink costing less than 10 yuan Key takeaways: Leading new-style premium tea maker HeyTea has launched a recent round…
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