No I won’t participate in Chagee’s IPO. The decline in same store sales is concerning. I’m not sure if there is sufficient demand and sale volume to continue to drive profits. The fact that it is reaching out the middle income means that its outreach to the masses will be limited. I do like its drink and admit that I prefer it over the other tea brands as it is definitely more fragrant than its competitors and the transparency on its calories does apppeal to my health needs. However, I am not confident that it would remain profitable and have offer me great returns in my investment in it. I would prefer to watch further to determine its profitability and ability for the business to flourish.
@Kaixiang @rL @Universe宇宙 @Success88 @DiAngel @HelenJanet @Wayneqq @Fenger1188 @SPOT_ON come join
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