+ Estimated bonus + 401(k) company match
CHAGEE is a global tea beverage brand focusing on fresh milk tea in modern teahouses, using a franchise model called the '1+1+9+N' that starts with nine company-run stores to test markets before expanding to franchisees. Its main product blends fresh whole-leaf tea with fresh milk and is produced with automated tea-making machines and a digital operations system for fast, standardized preparation and store management. The company differentiates itself through nutrition transparency—providing calories and GI values—and a large international network of over 6,400 teahouses across multiple markets. The goal is to scale its model worldwide, maintain consistent product quality and nutrition information, and become a leading global player in modern tea houses, with Nasdaq listing CHA signaling growth.
Company Size
51-200
Company Stage
IPO
Headquarters
Irvine, California
Founded
2017
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CHAGEE x The Little Prince Matcha Series: menu, prices, & merch. CHAGEE Collaborates with The Little Prince for 'Pure at Heart' Matcha Series in Manila CHAGEE Philippines has officially introduced its "Pure at Heart" Matcha Series, an exclusive collaboration with Antoine de Saint-Exupéry's classic The Little Prince. Rather than relying on heavy syrups or artificial flavorings that obscure the natural flavor of the tea, the brand is refocusing on high-grade leaf sourcing, traditional Japanese shade-growing techniques, and precision milling to deliver a cleaner, smoother matcha experience. CHAGEE x THE LITTLE PRINCE MATCHA QUICK FACTS - Sourcing Standard: First spring harvest leaves, shade-grown for 20 days, and milled to 1,000-mesh ultrafine powder. - Signature Matcha Latte: Classic formulation (₱170; optional Extra Matcha upgrade). - Lime Cheese Matcha Latte: Limited-time headliner topped with cheese foam & a hit of lime, served with a drinking cap (₱225 Large). - Chocolate Cookie Matcha Frappe: Blended cookie dessert-style frappe with whipped cream (₱225 Large). - Jasmine Matcha Pure Tea: Unsweetened jasmine green tea layered over matcha (starts at ₱140). - Retail Availability: Nationwide in CHAGEE stores starting September 4, 2026. The Science of the Leaf: Shade Growing & First Harvest To ground the launch in authentic tea education, CHAGEE handed its media tasting preview to Kendrick Dominic U (known as TitoKady), a certified tea sommelier and head instructor at the Asian School of Tea Philippines. His guided tasting session traced the journey of the tea leaf from farm to cup, clarifying how specific agricultural methods directly dictate the final flavor profile in the cup. The "Pure at Heart" Series is built upon three non-negotiable sourcing and processing pillars: First Spring Harvest: Only the youngest tender leaves picked during the initial spring harvest are used. These early leaves contain higher concentration of natural sweetness and amino acids while being naturally lower in harsh tannins and bitterness. * 20-Day Shade Growing: Tea plants are carefully shielded from direct sunlight for 20 days prior to harvesting. This shading process forces the plant to overproduce chlorophyll and L-theanine, resulting in a vibrant deep-green color, a silky texture, and a rounder, less grassy flavor profile. * 1000-Mesh Ultrafine Milling: Traditional grinding techniques process the dried tea leaves down to an ultrafine 1,000-mesh standard. This ensures the powder dissolves completely into milk or water without leaving behind the chalky grit or sediment commonly found in commercial matcha powders. Detailed Breakdown of the Drink Lineup The collection presents four distinct formulations designed for varying palate preferences, ranging from pure tea purists to indulgence seekers: * Jasmine Matcha Pure Tea (Starts at ₱140): Served without milk, this clean beverage layers aromatic jasmine green tea directly over the matcha base. It serves as the benchmark drink for customers looking to evaluate the pure quality and smooth finish of the first-harvest tea leaves. * Signature Matcha Latte (₱170): The core balance of high-grade matcha blended with fresh milk. For seasoned matcha enthusiasts seeking a stronger, more pronounced tea profile, CHAGEE offers an "Extra Matcha" upgrade option. * Lime Cheese Matcha Latte with Cap (₱225 Large): The limited-time headliner of the collaboration. It features a base of smooth matcha topped with savory cheese foam and a bright splash of lime, designed to be consumed directly using a special drinking cap to balance the creamy, citrus, and umami layers. * Chocolate Cookie Matcha Frappe (₱225 Large): A dessert-leaning blended beverage that combines fine matcha with crushed cookies, finished with a crown of whipped cream for a richer treat. Limited-Edition Merchandise & Bundle Mechanics The visual aesthetic of the launch incorporates The Little Prince, featuring his iconic fox companion and celestial star motifs across limited-edition cups, sleeves, and retail merchandise. Running from September 4 to October 2, 2026, CHAGEE stores nationwide will offer exclusive purchase-with-purchase (PWP) and gift-with-purchase (GWP) tier options while supplies last: * Free GWP Bundles: Customers who purchase any three matcha drinks in a single transaction will receive a complimentary Crown Headband or a plush orange Fox Sleep Mask complete with a black button nose. * Stardust Tote Bag: Available for an add-on price of ₱599 with any single matcha drink purchase. * Green Wonder Tumbler: Available for an add-on price of ₱799 with any single matcha drink purchase. The pastel green bottle includes a custom star-and-planet carrying strap designed for daily desk or travel use.
Chagee Stock Jumped 8% yesterday. Macquarie says the turnaround is real. Last updated Sep 1, 2026 Key Takeaways for Chagee Holdings Stock as of September 2026. * Upgrade Surge: Chagee Holdings stock jumped 8% on Monday, August 31, after Macquarie upgraded shares to Outperform from Neutral and lifted its price target to $16 from $10, citing a same-store sales turnaround. * Street Split: TIKR tracks 11 analysts on the stock, split 6 buys, 2 outperforms, and 3 holds, with a mean target of $15 sitting 29% above the current price. * Model Upside: TIKR's mid-case model targets $20 a share, implying 73% total return and 14% annualized over 4.3 years. * Sales Rebound: July same-store sales pressure eased to a low single-digit decline from roughly 16% earlier this year, and management told investors on August 28 that August was tracking positive year-over-year, the same recovery Macquarie built its upgrade around. Why Chagee Holdings Stock Jumped 8% on Macquarie's Upgrade. Chagee Holdings Limited (CHA) stock jumped 8% on Monday, August 31, closing at $12 after Macquarie upgraded the stock to Outperform from Neutral and raised its price target to $16 from $10. The call centered on one thing: sales were finally turning. Macquarie pointed to July same-store sales declining at just a single-digit percentage, a sharp improvement from a roughly 16% drop in the prior period. August, the firm noted, was tracking positive year-over-year growth, helped by new product launches. The analyst also flagged tighter cost control and projected 8% same-store sales growth for 2027, plus operating margin expansion of 5.7 percentage points in the back half of 2026. None of that came out of nowhere. Three days earlier, on Chagee's August 28 earnings call, chief operating officer Dengfeng Yin told investors: "Since the start of Q3, we have seen positive signs of recovery. Same-store sales in July showed a low single-digit decline, representing a meaningful improvement from the first half." He added that the company expected August same-store sales to turn positive year-over-year. Macquarie's upgrade essentially underwrote what management had already put on the record. The earnings print itself gave the call some backing. Chagee's second-quarter revenue rose 2.5% year-over-year to RMB 3.41 billion, GAAP net income jumped to RMB 465 million from RMB 77 million a year earlier, and gross margin held at 54%. Overseas GMV climbed 114% year-over-year, and the company entered South Korea with three Seoul teahouses that sold 16,000 cups in three days. Chagee also disclosed it had repurchased $30 million of a $150 million buyback authorization. For a stock that spent 2025 and early 2026 absorbing target cuts and a same-store slide, this is the first quarter where the direction reversed. The move on August 31 says the market is now pricing a floor, not just watching for the next markdown. Chagee Holdings Stock's Analyst Targets Finally Stop Falling. TIKR tracks 11 analysts on Chagee Holdings stock, and the current split runs 6 buys, 2 outperforms, and 3 holds, with no underperforms or sells on the board. The mean target sits at $15, 29% above the current $12 price. That gap looks tame next to where it started. Back on June 30, 2025, the mean target stood at $40 against a $26 stock, and coverage counted just 5 analysts. Both the price and the target fell hard from there: by March 31, 2026, the stock had dropped to $9 and the mean target to $19, even as the upside spread widened to 106% because analysts couldn't cut fast enough to keep pace with the sell-off. Coverage more than doubled to 11 names over that stretch. What's changed since is the shape of the retreat. The mean target barely moved between June and August 2026, sliding from $15 to $15, while the ratings mix tilted a notch more bullish, with outperforms doubling from 1 to 2. Analysts aren't racing to raise targets yet. But they've stopped racing to cut them, and that shift lines up with the same-store recovery behind Monday's move. TIKR Values Chagee Holdings Stock at $20, Pricing In Recovery. TIKR's mid-case model values Chagee Holdings stock at $20 by December 2030, implying 73% total return from the current price of $12, or 14% annualized over 4.3 years. A 14% annualized return stands out against what most mature restaurant and beverage franchisors offer investors willing to sit through the volatility that has defined this name for the past year. That target is anchored to the same-store recovery Macquarie just underwrote and to Chagee turning its overseas expansion, now growing GMV at 114% a year, into steadier margins at home. That's precisely the trend behind the Street's improving conviction and the narrowing gap between its targets and the stock. Should You Invest in Chagee Holdings Limited? The only way to really know is to look at the numbers yourself. TIKR gives you free access to the same institutional-quality financial data that professional analysts use to answer exactly that question. Pull up Chagee Holdings Limited stock and you'll see years of historical financials, what Wall Street analysts expect for revenue and earnings in the quarters ahead, how valuation multiples have moved over time, and whether price targets are trending up or down. You can build a free watchlist to track Chagee Holdings Limited alongside every other stock on your radar. No credit card required. Just the data you need to decide for yourself. Looking for New Opportunities? * See what stocks billionaire investors are buying so you can follow the smart money. * Analyze stocks in as little as 5 minutes with TIKR's all-in-one, easy-to-use platform. * The more rocks you overturn... the more opportunities you'll uncover. Search 100K+ global stocks, global top investor holdings, and more with TIKR. Disclaimer: Please note that the articles on TIKR are not intended to serve as investment or financial advice from TIKR or its content team, nor are they recommendations to buy or sell any stocks. TIKR create its content based on TIKR Terminal's investment data and analysts' estimates. Its analysis might not include recent company news or important updates. TIKR has no position in any stocks mentioned. Thank you for reading, and happy investing! Table of Contents * Key Takeaways for Chagee Holdings Stock as of September 2026 * Why Chagee Holdings Stock Jumped 8% on Macquarie's Upgrade * Chagee Holdings Stock's Analyst Targets Finally Stop Falling * TIKR Values Chagee Holdings Stock at $20, Pricing In Recovery * Should You Invest in Chagee Holdings Limited? * Looking for New Opportunities? * Disclaimer: Stock Reviews
Chagee opens three stores in a day, including family-friendly outlet in Pasir Ris Mall. Published Aug 21, 2026, 08:45 PM Updated Aug 21, 2026, 09:29 PM SINGAPORE - Chinese tea brand Chagee is targeting families with kids at its new store in Pasir Ris, one of three stores launched on Aug 21. Visitors to the store, located in Pasir Ris Mall beside the MRT station, will be greeted by a miniature barista counter where young children can role-play as Chagee baristas. Besides a children's play area with a slide, the store features interactive games aimed at teenagers. A 6m mural of old Pasir Ris village, hand-painted by Rebecca Liu Xibei, celebrates the coastal town's history, from its mangrove swamps to nostalgic landmarks such as its mosaic elephant playground. Children under 12 enjoy milk on the house when families dine in. Most drinks on Chagee's menu are rated Nutri-Grade A or B, making them healthier choices. Speaking at the store opening, Minister in the Prime Minister's Office Indranee Rajah noted the important role the food and beverage industry plays in families' social lives. "How can we have a whole-of-nation effort to be family-friendly? Given that families go out, they eat out, dine out and have activities outside, having a food and beverage outlet that is family-friendly makes a big difference to families with young children," she said. "Chagee has actually been very thoughtful and innovative in this, and I really hope that this will mark the start of more food and beverage outlets adopting a family-friendly approach," added the minister, who chairs the Marriage and Parenthood Reset Workgroup.
CHAGEE marks Indonesia's Independence with new drinks and Pithecanthropus collaboration. BY FoodieS Team | 20 August 2026 As Indonesia celebrates Independence Month, CHAGEE is introducing two limited-edition drinks inspired by familiar Indonesian flavors, alongside a merchandise collection created with Indonesian lifestyle brand Pithecanthropus. The releases are part of CHAGEE's efforts to establish a connection with Indonesian culture since entering the market in April 2025, with the brand pointing to local collaborations, store designs and community involvement as part of its approach to operating in Indonesia. A collaboration rooted in Indonesian heritage. For its latest collaboration, CHAGEE worked with Pithecanthropus on a merchandise collection that brings together the history of tea with Indonesian cultural heritage through motifs and traditional craft. The collection incorporates several cultural references. A horse motif represents the Ancient Tea Horse Road, the historic trade route associated with the movement of tea, ideas and craftsmanship across cultures. Camellia sinensis, the flowering tea plant, represents the origins of that journey, while chrysanthemums symbolize resilience and the tradition of gathering. The base pattern takes inspiration from traditional pandan-leaf weaving. The collection includes everyday items such as scarves and bags, as well as hand-embroidered pins and a horse charm, with each piece designed for everyday use. "When we first came to Indonesia, our goal was never simply to open stores. We wanted to truly become part of the community here," said Adinda Yozari, General Manager of CHAGEE Indonesia. "Our collaboration with Pithecanthropus is the latest expression of that commitment. We hope this collaboration shows that, for CHAGEE, being present in Indonesia means continuing to connect with its people and local culture." Indonesian flavors meet tea. Alongside the merchandise collection, CHAGEE has introduced two seasonal drinks built around pandan, coconut and gula malaka. The Pandan Coco Lapsang Souchong Milk Tea combines fragrant pandan and creamy coconut milk with the bold, smoky character of Lapsang Souchong black tea, finished with the warm sweetness of gula malaka. The Pandan Coco Glutinous Green Milk Tea pairs pandan and coconut with Glutinous Green Tea, bringing tropical flavors together with a roasted tea aroma and a lighter finish. Three bakery items will be introduced later in the month to complement the seasonal drinks: Jasmine Oolong Cookie, Pandan Coco Palm Cake and Osmanthus Choux. CHAGEE's local approach in Indonesia. The new collection follows a series of initiatives CHAGEE has undertaken since entering Indonesia. Its first Jakarta store featured a mural by local artist Rachel Ajeng, depicting the journey of tea through Indonesian culture and landmarks. In Bali, CHAGEE says its stores have been developed with Balinese artisans and staffed by local employees. Store designs in Surabaya and Bandung draw directly from the architectural heritage of each city, with local artists involved in creating works specific to each location. CHAGEE currently operates 50 stores in Indonesia, with its teams made up of local employees. Its products in Indonesia are also halal-certified. For the brand, the latest releases are positioned as part of a broader effort to engage with Indonesian culture and communities, rather than simply treating Indonesia as a market for its tea products.
Can China's gelato craze stay cool? As gelato grows popular in China, many are pondering whether the seasonal treat can follow coffee and milk tea to become an everyday indulgence August 17, 2026 Since 2024, Liu's family has enjoyed a few scoops of handmade ice cream at Yeah Gelato almost every week during the summer whenever they visit the shopping mall. Her 9-year-old son loves the pistachio nut flavor, while she prefers the brand's signature variety featuring Wuchang rice from northeastern China's Heilongjiang province. "They offer bigger portions than other brands like Häagen-Dazs. The flavors are more unique and not too sweet," the Beijing resident in her 30s explains. Still, the family sometimes switches to Mixue Bingcheng, China's biggest milk tea chain best-known for its 2-yuan ice cream cones and 4-yuan lemon teas, for a cheaper alternative, since a single serving of ice cream at Yeah Gelato can cost 30 to 40 yuan. Over the past few years, gelato, or Italian-style handmade ice cream, has prospered in the country. According to a report last September by consulting firm iiMedia, the market size of gelato more than doubled between 2019 and 2024, reaching 12.2 billion yuan with a compound annual growth of nearly 18 percent. Yeah Gelato, a Beijing-based company founded in 2011, alone opened more than 1,000 stores in 2024 and 2025, totaling over 1,600 outlets by early August, making it the second-largest ice cream chain on the Chinese mainland, behind only Dairy Queen, which has amassed over 1,800 shops since 1992. The icy refreshment has even swept the whole food and beverage industry, with an increasing number of businesses, from cafes and milk tea shops to bakeries and restaurants, adding gelato products to their menu. For instance, the leading milk tea brand Heytea began offering gelato at some outlets in 2019, and this year it opened several gelato-themed shops in major cities such as Shanghai and Beijing. Another milk tea brand, Chagee, has also launched a "Geelato" series that combines handmade ice cream with its signature tea flavor in 70 stores across 29 cities since this May. With those new launches, some of their stores have even seen long lines of customers waiting up to two hours for their orders to sample the new flavors and take advantage of the limited-time discounts. When the milk tea brand Heytea opened its gelato store in Beijing this July, customers lined up for up to three hours on opening day just to get a taste (screenshot via Xiaohongshu) Social media has further fueled the trend, as the bourgie decor of many gelato shops, colorful scoops, and bizarre yet eye-catching flavors like chili pepper and Beijing fermented soybean milk make for highly shareable photos and videos. Gelato-related topics had received over 1 billion views on the lifestyle platform Xiaohongshu (RedNote) by this May. Meanwhile, many once-viral high-end ice creams have cooled off: Zhong Xue Gao (or Chicecream), once dubbed the "Hermès of ice cream," went bankrupt last July; the once viral Moutai ice cream, created by the country's most prestigious liquor brand, announced plans to shut down the line in June, only four years after its launch, following the mass closure of its outlets over the past two years; and the same month, all 171 Häagen-Dazs ice cream shops on the Chinese mainland, down from over 550 in 2019, were sold to a local investor group that includes tea brand Ningji, due to their declining revenues. Pan Chunni, who opened her own gelato stall in Guangdong this April, actually bought the display freezer at half price from a failed ice cream shop, and says second-hand equipment from failed businesses has become increasingly common in the industry. Though many are still skeptical whether gelato can become a daily staple in China, like coffee and milk tea, or whether it will follow the fate of other premium ice cream it has replaced. Gelato is not new to the Chinese market. The Italian variety entered the Chinese market in the 1990s, around the same time as American brands like DQ and Häagen-Dazs. Yet it failed to match the success of established, industrialized American brands due to the lack of domestic equipment and supply chains needed to produce handmade gelato, which is typically made with fresh milk, fruit, and nuts. Compared with conventional ice cream, gelato contains less fat, sugar, and air, while offering a denser texture and richer taste. The high cost of gelato machines once deterred many small businesses from entering the industry in China (VCG) Industry veteran Hu Wending recalled that when he first entered the sector over a decade ago, ice creams made with domestic machines varied in size and softness, while imported Italian equipment often cost hundreds of thousands of yuan a piece. Opening a gelato shop could cost up to 800,000 yuan, he told industrial analyst Vision Finance in July, and a helping of around 100 grams was typically priced at 60 or 70 yuan. Now domestic gelato machines have improved in quality and cost only 60,000 yuan, one-tenth of the price of imported models. That's why Yeah Gelato only began franchising in late 2023, founder Cui Jianwei said in an interview with tech media outlet 36Kr in April. The number of stores had grown more than tenfold in just three years. Pan, the gelato stall owner, had quit her day job to run it with her husband at commercial streets and fairs around Guangzhou and the neighboring cities of Foshan and Dongguan. "Now almost everyone knows about gelato," says Pan. Indeed, in a country known for adapting foreign brands and food names into Chinese, such as translating paella as "Spanish seafood rice," gelato has surprisingly remained simply "gelato." When TWOC visited her stall, sandwiched among stalls selling other snacks and handicrafts on Guangzhou's busiest street, Beijing Road, on Friday evening this July, Pan was busy handing out free samples to passers-by. According to Pan, the dessert has become particularly popular among Gen Z, who "have grown up eating well and are therefore picky eaters," as well as their parents' generation, who can afford its higher prices. Gelato shops in China often incorporate Chinese elements in their products, even including the chili sauce laoganma. Those creative flavors, which vary from one shop to another, have also contributed to the dessert's rise. (VCG) Chinese people's growing health awareness is another important factor. A scoop of gelato typically contains around 5 percent milk fat, about 10 percent less than regular ice cream. "Those parents like me born in the 1990s, who care a lot about health and food safety, would choose gelato [over other varieties] for their kids," says the business owner. As indicated in an ice cream industry report released by the consumption research institution Qince this May, health has become consumers' primary consideration, with a majority preferring low- or no-sugar varieties, natural ingredients, and low-calorie options. Yeah Gelato, for instance, has won over many consumers with its policies "made fresh daily with no overnight leftovers" and "buy one get one free after 9 p.m." to deal with any remaining stock. However, Pan is still uncertain whether the business - usually with a gross profit of up to 70 or even 80 percent, according to the industry journal China Ice Cream - offers a promising career. Over the past several months, she and her husband have often worked from 8 a.m. to 10 p.m., but make about 1,200 yuan per day. There is not much left after deducting their rent of around 500 yuan, the cost of ready-made products from suppliers, and other expenses. The franchisees of Yeah Gelato may feel even greater pressure, as they face higher rent and decor costs in shopping malls, as well as franchise fees. "Many people only go there after 9 p.m. for the discounts," Pan observes. Meanwhile, there have been complaints that Yeah Gelato's products cannot be considered "freshly handmade," since the stores use frozen milk pulp delivered from a central kitchen rather than fresh milk. Some consumers have also expressed concerns that handmade ice cream may be less safe than better-regulated, more standardized alternatives, and that the health benefits might be overhyped given its similarly high sugar content. Yeah Gelato stores often see lines of customers around 9 p.m., when the "buy one, get one free" campaign starts (VCG) Liu, the Beijing consumer, is unfazed by these concerns. She knows full well that gelato is simply a summer treat that puts her in a good mood. "The supposedly healthy ingredients are really just an excuse for us to satisfy our cravings," she admits. While Cui, Yeah Gelato's founder, has expressed confidence in various media interviews that it's only a matter of time before gelato becomes as common as a daily cup of milk tea and coffee, small operators like Pan and her husband aren't looking that far into the future. They're more concerned with surviving the coming winter, a notoriously tough season for the business. They've been considering buying equipment to make their own products instead of sourcing from suppliers, both to cut costs and potentially expand into supplying bakeries and restaurants. "I'm not sure how it will go, since this will be our first," says Pan.