The U.S. IPO market remains staggered as volatility sparked by tariff-related news keeps the markets on edge. However, looking to calm investor nerves, tea-chain operator Chagee Holdings raising close ...
American depositary shares of Chagee Holdings gained in their Nasdaq debut Friday, after the Shanghai-based teahouse company's initial public offering priced at the high end of its expected range.
(Reuters) -Chinese tea chain Chagee said on Thursday it was targeting a valuation of up to $5.1 billion in its U.S. initial public offering, braving choppy market conditions. Market volatility ...
Chinese tea chain Chagee (NASDAQ:CHA) landed its second bull rating on Wednesday after the IPO quiet period on the stock expired. Citi started off coverage with a Buy rating and price target of $43.70 ...
Chagee Holdings Limited announced its initial public offering of 14,683,991 ADSs priced at $28.00 each, aiming for $411.2 million in proceeds. Chagee Holdings Limited, a premium tea drinks brand known ...
Chagee Holdings announced an additional $61.7 million raised from over-allotments in its IPO, closing on April 30, 2025. Chagee Holdings Limited, a premium tea drinks brand, announced that ...
Chagee posted strong Q1 revenue growth of 35%, but average monthly GMV per teahouse dropped 21%, signaling possible market saturation and cannibalization. Operating margin fell from 28.2% to 24.2% as ...
Forbes contributors publish independent expert analyses and insights. Mark Faithfull is London-based and covers retail and real estate Watch out Starbucks, China is double trouble with a tea brand and ...