Chagee marches ahead in latest overseas push

For Chinese tea beverage brands, supply chain capabilities to be key factor in continued success of global expansion

Chagee Holdings Ltd, a leading Chinese premium tea beverage brand, made its debut on the Nasdaq stock exchange on April 17, signaling the company's global expansion drive and mirroring the rising presence of Chinese tea drinks overseas.

Since its founding in 2017, the company has envisioned creating a global brand, said Zhang Junjie, founder, chairman and CEO of Chagee.

"This is just the beginning. We will continually support healthy lifestyle choices, drive industry innovation, and deliver on our mission of creating connections every day with tea," he said.