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HeyTea

HeyTea

HeyTea is a Chinese tea shop that specializes in cheese-topped tea and fruit tea.

OVERVIEW

Category
Retail
Headquarter
Shenzhen, China
Founded Time
May. 1, 2013
Latest Funding
Series B
Company Size
100-150
Also Known As
皇茶
Legal Name
HeyTea
Name (Chinese)
HeyTea
Legal Name (Chinese)
喜茶
Website
Email Address
pr@heytea.com
Phone Number
84185776
Read More

FUNDING

Number of Funding Rounds 2
Total Funding Amount USD 75.00M
Announcement Date Funding Round Funding Raised Lead Investor(s)
Apr. 25, 2018 Series B 60.00M Longzhu Capital, BA Capital
Jun. 22, 2016 Series A 15.00M IDG Capital, Now Invest, He Boquan
Announcement Date

Apr. 25, 2018

Funding Round

Series B

Funding Raised

60.00M

Lead Investor(s)

Longzhu Capital, BA Capital

Announcement Date

Jun. 22, 2016

Funding Round

Series A

Funding Raised

15.00M

Lead Investor(s)

IDG Capital, Now Invest, He Boquan

UPDATES

Exclusive: HeyTea's New Funding Round Values it at USD 1 billion, Source Says
China's tea-drink brand HeyTea has closed its new round of funding on May 13, which values the firm at more than CNY 8 billion (USD 1.16 billion). The round was led by Tencent and Sequoia Capital.

China's tea-drink brand HeyTea has closed its new round of funding on May 13, which values the firm at more than CNY 8 billion (USD 1.16 billion). The round was led by Tencent and Sequoia Capital.

Starbucks To Regain its Mojo in China with Eight Tea Drinks?
Starbucks will release eight tea drinks using organic ingredients at the end of April.

Starbucks will release eight tea drinks using organic ingredients at the end of April.

A Brief on Chinese Tea Drink Ramification - The New Style Tea Drink
The reason underlying the tea drink upgrading is consumers consumption upgrading. Chinese consumers are shifting from low-quality drinkable tea to new style tea drink with better ingredients and design.

The reason underlying the tea drink upgrading is consumers consumption upgrading. Chinese consumers are shifting from low-quality drinkable tea to new style tea drink with better ingredients and design.

Offline Store Expansion May See Value in China's Tier Three and Four Cities
Increase in consumer spending power, adopting an urban lifestyle, and possible consumer traffic monopolization is three reasons to consider opening offline stores in China's third and fourth-tier cities.

Increase in consumer spending power, adopting an urban lifestyle, and possible consumer traffic monopolization is three reasons to consider opening offline stores in China's third and fourth-tier cities.

HeyTea To Steal China's Coffee Market?
HeyTea released its coffee advertisement via WeChat. It's to incorporate its "cheese topped" trademark to differentiate from its competitors.

HeyTea released its coffee advertisement via WeChat. It's to incorporate its "cheese topped" trademark to differentiate from its competitors.

A Blessing and a Curse for China's New Tea Industry
The market growth and consumption upgrade demand are key drivers for China's enhanced tea economy. However, businesses will find it to be a blessing and a curse.

The market growth and consumption upgrade demand are key drivers for China's enhanced tea economy. However, businesses will find it to be a blessing and a curse.

HeyTea and Nayuki’s Tea Room Cost or Pay?
Itinerating products might only bewilder customers for HeyTea, exploring AI store only costs more for Nayuki. Differentiation competition and supply chain management are the two strategies for Nayuki and HeyTea to dive into. 

Itinerating products might only bewilder customers for HeyTea, exploring AI store only costs more for Nayuki. Differentiation competition and supply chain management are the two strategies for Nayuki and HeyTea to dive into. 

READ MORE

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