ChaPanda (SEHK: 2555, Chinese: 茶百道; pinyin: Chá Bǎidào), also known as Chabaidao, in Chinese, is a tea beverage brand in the People's Republic of China. ChaPanda is China's third-largest retailer of freshly made tea drinks[1] and has a 6.8% market share, up from 6.6% in 2022.[2][3] It operates mainly through franchises and has established a network of more than 8,000 stores since opening its first one in Chengdu, Sichuan, in 2008.[4][5]
According to Frost & Sullivan's report, ChaPanda ranked third in the Chinese new-style tea store market in terms of 2023 retail sales, with a market share of 6.8%. In 2023, Chabaidao achieved RMB 16.9 billion in total retail sales, selling 1.016 billion cups of tea drinks, making it the second-largest new tea drink stock.[6][7]
^Cooban, Anna (23 April 2024). "Is the tea bubble bursting? ChaPanda shares plunge in Hong Kong IPO". CNN Business.
^Team, Dao (16 April 2024). "ChaPanda to become the second tea chain to go public". Dao Insights.
^"奈雪"阴霾"下的茶百道-36氪". 36Kr (in Chinese). 22 April 2024.
ChaPanda (SEHK: 2555, Chinese: 茶百道; pinyin: Chá Bǎidào), also known as Chabaidao, in Chinese, is a tea beverage brand in the People's Republic of China...
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