The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

Chagee Announces First Quarter 2026 Unaudited Financial Results

News Snapshot:

SHANGHAI, May 29, 2026 (GLOBE NEWSWIRE) — Chagee Holdings Limited (NASDAQ: CHA) ("Chagee” or the "Company”), a leading premium tea drinks brand serving healthy and delicious freshly-made tea drinks, today announced its unaudited financial results for the first quarter ended March 31, 2026. First Quarter 2026 Operational Highlights1 As of March 31, 2026, there were 7,531 teahouses within the Company’s teahouse network in Greater China and overseas, representing a 12.7% increase in the number of teahouses as of March 31, 2025.Total GMV generated in the first quarter of 2026 was RMB7,917.8 million. Geographically, total GMV generated in overseas markets was…

Other China Tech Buzz: