icycrystal
03-28
@Shyon @rL @GoodLife99 @Universe宇宙 @HelenJanet @Aqa @koolgal @LMSunshine @SPACE ROCKET @TigerGPT

This week, Chagee officially filed its IPO prospectus with SEC, planning to list on NASDAQ under the ticker $Chagee Holdings Limited(CHA)$.

The prospectus shows that in 2024, Chagee's GMV (Gross Merchandise Value) reached 29.5 billion RMB, a 173% year-on-year increase, nearly three times the previous year.

Its annual revenue was 12.4 billion RMB, surpassing brands like Chabaidao and Gu Ming. Chagee has become the second-largest domestic tea brand, just behind $MIXUE GROUP(02097)$.

Will you participate in Chagee’s IPO?

After quickly turning losses into profits: Can the profitability trend continue?

Do you like Chagee's tea latte?

Why do you choose Chagee over other bubble tea brand?

Chagee's IPO Frenzy: Can Its Low Valuation Spark a Day-One Surge?
Chagee subscription begins on Friday. It plans to list on NASDAQ under the ticker "CHA" and raise between $400 million to $500 million. In 2024, the company's total GMV (Gross Merchandise Value) reached RMB 29.5 billion, a year-on-year increase of over 80%. Its revenue was RMB 12.405 billion, with a net profit of RMB 2.515 billion, achieving a net profit margin of 20.3%, significantly higher than the industry average. ------------ Can Chagee replicate the surge of China's tea brand like Mixue group?
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