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Local to global in eight years: behind the Chagee success story
Summary by Dao Insights
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1 Articles
Local to global in eight years: behind the Chagee success story
In the past decade, China has witnessed an explosion of ‘new-style tea’ brands, transforming a centuries-old tradition into a booming modern lifestyle trend that stands to rival coffee culture in scale, influence and scope. One brand that’s risen this wave to near-household-name status is Chagee (霸王茶姬). They came out of Yunnan – the heart of the old Chinese tea trade – and in just eight years are doing the kind of numbers that most companies ta…
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