ChaPanda

Bubble tea brand in China

Nº Q108165952 ★★★★

Super Rare · Organizations

ChaPanda

Bubble tea brand in China

Sichuan Baicha Baidao Industrial Co., Ltd. (ChaPanda; 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 and has a 6.8% market share, up from 6.6% in 2022.

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From Wikipedia

Sichuan Baicha Baidao Industrial Co., Ltd. (ChaPanda; 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 and has a 6.8% market share, up from 6.6% in 2022. 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. 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.

Text: Wikipédia, CC BY-SA 4.0. · Image: Windmemories (CC BY-SA 4.0) ·

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