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China Bubble Tea Chain ChaBaiDao Also Known As ChaPanda to Raise $330 Million in Hong Kong IPO, Founded in 2008 & Current Valuation at $2.4 Billion in Last Funding Round, Founder Wang Xiaokun & Wife Owns 18.02% & 5.74% Respectively, Investors Include Orchid Asia, Loyal Valley Capital, New Hope Group & CICC
20th April 2024 | Hong Kong
China bubble tea chain ChaBaiDao (ChaPanda) is targeting to raise $330 million in Hong Kong IPO, having received Hong Kong IPO approval at the end of March 2024. ChaBaiDao was founded in 2008 and current valuation is around $2.4 billion in the last funding round. Founder Wang Xiaokun & his wife owns 18.02% & 5.74% respectively. Investors include Orchid Asia, Loyal Valley Capital, New Hope Group & CICC (China International Capital Co).
“ China Bubble Tea Chain ChaBaiDao Also Known As ChaPanda to Raise $330 Million in Hong Kong IPO, Founded in 2008 & Current Valuation at $2.4 Billion in Last Funding Round, Founder Wang Xiaokun & Wife Owns 18.02% & 5.74% Respectively, Investors Include Orchid Asia, Loyal Valley Capital, New Hope Group & CICC “
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China Bubble Tea Chain ChaBaiDao Also Known As ChaPanda Receives Approval for Hong Kong IPO, Founded in 2008 & Current Valuation at $2.4 Billion in Last Funding Round, Founder Wang Xiaokun & Wife Owns 18.02% & 5.74% Respectively, Investors Include Orchid Asia, Loyal Valley Capital, New Hope Group & CICC
30th March 2024 – China bubble tea chain ChaBaiDao (ChaPanda) has received approval for Hong Kong IPO. ChaBaiDao was founded in 2008 and current valuation is around $2.4 billion in the last funding round. Founder Wang Xiaokun & his wife owns 18.02% & 5.74% respectively. Investors include Orchid Asia, Loyal Valley Capital, New Hope Group & CICC (China International Capital Co).
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