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Chagee sells stake in Thai business to accelerate outlet growth in Southeast Asia

The Chinese tea chain, which currently operates just two outlets in Thailand, will utilise the infrastructure and extensive supply chain network of its new controlling stakeholder to support expansion in the region

A Chagee store in Los Angeles, California | Photo credit: Chagee

The Chinese tea chain, which currently operates just two outlets in Thailand, will utilise the infrastructure and extensive supply chain network of its new controlling stakeholder to support expansion in the region

Chinese tea chain Chagee has sold a controlling stake in its Thai subsidiary in a bid to accelerate international outlet growth in Southeast Asia. 

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