About Wagas
Wagas is a Consumer company based in Shanghai (China) founded in 1999, and was acquired by Advent International in February 2022. It operates as a cafe and retail bakery services are offered by Wagas. Its website wagas.com.cn draws about 32 thousand monthly visits. Its focus areas include Food and Agriculture, Food Service Chains, Restaurants and Diversified. Its competitors include YUM! Brands, Yum China, YPX Cayman Holdings, Super Hi International Holding and Guangzhou Jiumaojiu Restaurant and 5 more; 5 of its 10 listed competitors have raised funding.
Company details
Wagas was founded in 1999 in Shanghai, China, where operations in the cafe and retail bakery sector are maintained. Cafe dining experiences and bakery products for retail purchase are provided through various outlets. The brands domain, wagas.com.cn, supports its presence in the food and beverage industry. Focus remains on urban locations within China, serving daily customer needs in a straightforward manner.
- Headquarters Shanghai, China
- Stage Acquired
- SectorsConsumer
- Email••••••••
- Phone•••• ••••
- Website wagas.com.cn
- Social LinkedIn
- Acquired by Advent International (Feb 2022)
- Investors
- Acquired byAdvent International
(Feb 2022)
Investors in Wagas
Wagas has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Advent International.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity firm focused on multiple sectors | – | adventinternational.com | Sao Paulo, Brazil |
Investor details for Wagas
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Timeline of Wagas
2 dated milestones of Wagas across 23 years, from founding to its latest funding, stage changes and deals.
- Founded Wagas is founded.
- Exit Acquired by Advent International.
Competitors of Wagas
Wagas has 10 listed competitors in our database, 5 of them funded. They include YUM! Brands, Yum China, YPX Cayman Holdings, Super Hi International Holding and Guangzhou Jiumaojiu Restaurant, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| yum.com | 1997 | Louisville, United States | – | 154 | Restaurants chains | |
| yumchina.com | 1987 | Shanghai, China | $460M | 450,000 | Restaurants including KFC and Pizza Hut are operated in China. | |
| ypxfood.com | 2010 | Shanghai, China | $56.5M | – | Operates a group of restaurants offering diverse dining experiences. | |
| superhiinternational.com | 2012 | Fengtai, China | – | – | A chain of limited-service restaurants is operated internationally. | |
| jiumaojiu.com | 1995 | Guangzhou, China | – | – | Restaurant chain serving varieties of dishes & drinks | |
| piratagroup.hk | 2013 | Hong Kong, China | – | – | Manages multiple restaurants providing quality dining and events across various locations. | |
| maximalconcepts.com | 2012 | China | – | – | Multiple branded restaurants and lifestyle venues are operated. | |
| chengduchatianbanmucateringmanagement.tcc.mode | 2018 | Chengdu, China | $8.23M | – | Tea and wine are served by this restaurant chain. | |
| lxjchina.cn | 2003 | Hefei, China | $29.08M | – | Owns and operates a chain of restaurants specializing in chicken catering. | |
| shalashike.com | 2021 | Dongguan, China | $14.01M | – | Nutritious salad foods are served via restaurants and vending machines. |
Detailed competitors of Wagas
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Web traffic of Wagas
The website of Wagas (wagas.com.cn) receives about 31.9K visits a month.
- Monthly visits31.9K
▼ 17.1% vs previous month
Websites whose visitors overlap most with Wagas. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| elementfresh.com | 100% | – | – | View details | |
| dianping.com | 85% | 3.9M | #14,747 | View details | |
bakerandspice.com.cn | bakerandspice.com.cn | 29% | – | #12,825,580 | – |
blog.sherpa.com.cn | blog.sherpa.com.cn | 22% | – | – | – |
| smartshanghai.com | 21% | 229K | #156,413 | View details |
Top companies in Food Service Chains
10 companies that operate in the same segment as Wagas (Food Service Chains), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Brand of craft beer and brewery chain operator | 2007 | Ellon, Aberdeenshire, United Kingdom | USD 440.93 M | USD 313.06 M | 1,122 | |
Chain of limited service restaurant serving coffee | 2017 | Jakarta, Jakarta, Indonesia | USD 240 M | – | 5,146 | |
Salads and meal bowls are offered by restaurant chains. | 2006 | Los Angeles, California, United States | USD 479.07 M | USD 679.47 M | 2,868 | |
Doughnuts and coffee are provided by the international chain. | 1937 | Winston-salem, North Carolina, United States | USD 114.68 M | USD 1.52 B | 21,000 | |
A chain of restaurants provides meals and catering services. | 2009 | Colorado City, Colorado, United States | USD 11.45 M | – | 526 | |
Provider of bakery-cafe services and a loyalty program | 1987 | St. Louis, Missouri, United States | USD 145.61 M | – | – | |
Coffee and related products are served by a restaurant chain. | 1993 | Bengaluru, Karnataka, India | USD 236.07 M | USD 110.67 M | 2,863 | |
Mediterranean fast-casual dining is provided by CAVA restaurants. | 2010 | Washington, District Of Columbia, United States | USD 680.15 M | USD 1.18 B | 10,690 | |
A chain of coffee houses is operated in Indonesia. | 2018 | Jakarta, Jakarta, Indonesia | USD 40 M | USD 89.74 M | 3,180 | |
Tea and snacks are served by Chaayos in limited-service restaurants. | 2012 | Delhi, Delhi, India | USD 94.23 M | USD 31.69 M | 2,075 |
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Related news about Wagas
Complete news archive for Wagas
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Frequently Asked Questions about Wagas
Wagas was founded in 1999.
Wagas is headquartered in Shanghai, China.
Wagas was founded in 1999 in Shanghai, China, where operations in the cafe and retail bakery sector are maintained. Cafe dining experiences and bakery products for retail purchase are provided through various outlets. The brands domain, wagas.com.cn, supports its presence in the food and beverage industry. Focus remains on urban locations within China, serving daily customer needs in a straightforward manner.
Wagas's top competitors include Yum China, YUM! Brands and Super Hi International Holding.
Wagas has 1 investor. Key investors include Advent International.
Yes. Wagas was acquired by Advent International in February 2022.