Domestic and international expansion yield strong first quarter sales for China’s Chagee

The fast-growing tea chain opened more than 2,000 stores over the last 12 months and achieved 35% year-on-year revenue growth in its first earnings report since its April 2025 IPO 

Chinese tea chain Chagee posted robust quarterly sales and outlet growth in its first earnings release since listing on the Nasdaq in April 2025.