Chagee

Malaysia Founded: 2020 • Age: 6 yrs Acquired By Thai President Foods
Oriental tea is modernized via freshly brewed beverages at Chagee.

About Chagee

Chagee was established in 2020 in Malaysia within the beverage sector. Tea houses are managed to serve diverse tea-based options such as milk tea, fruit tea, and tea lattes. Traditional oriental tea elements are combined with current preferences to deliver updated drinking formats. Operations focus on creating open, relaxed settings for customers across locations.

  • Headquarter Malaysia
  • Sectors
    Consumer
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Consumer → Food, Beverage & Nutrition
Key Metrics
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People of Chagee
Headcount 1000-5000
Employee Profiles 5
Employee Profiles
People
Chong Han Keong
Finance Director
People
Jack Chong
CEO
People
Christina Thong
Senior Business Development Manager
People
Ivy Kow
Senior Business Development Manager

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Funding Insights of Chagee

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

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Feb, 2021 Amount Post-IPO - Grab Valuation

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Jan, 2021 Amount Post-IPO - Grab Valuation

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Investors in Chagee

Chagee has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Thai President Foods. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

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Institutional
Investor Description Founded Year Domain Location
Noodles are manufactured and distributed under the Mama brand globally.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Chagee

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Chagee

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Chagee Comparisons

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Competitors of Chagee

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Chagee

Frequently Asked Questions about Chagee

When was Chagee founded?

Chagee was founded in 2020.

Where is Chagee located?

Chagee is headquartered in Malaysia.

What does Chagee do?

Chagee was established in 2020 in Malaysia within the beverage sector. Tea houses are managed to serve diverse tea-based options such as milk tea, fruit tea, and tea lattes. Traditional oriental tea elements are combined with current preferences to deliver updated drinking formats. Operations focus on creating open, relaxed settings for customers across locations.

Who are Chagee's investors?

Chagee has 1 investor. Key investors include Thai President Foods.

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