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Mask protection unit rose in the afternoon
Perfect Timing: Chagee Bridges the Cultural Gap in the U.S. Tea Market
On April 17, Chagee rang the opening bell on Nasdaq. The IPO was priced at USD 28 per share, raising USD 411 million and giving the company a valuation of USD 5.139 billion. While the world grapples with escalating U.S. tariffs and ongoing trade tensions, companies continue to pursue U.S. listings. Amid the standoff between China and the U.S. over tariffs, Chinese new-style tea brand Chagee proceeded with its IPO in the U.S. as planned.
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Perfect Timing: Chagee Bridges the Cultural Gap in the U.S. Tea Market
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