# Nasdaq IPO
Latest news and articles about Nasdaq IPO
Total: 2 articles found
The Bitter Aftertaste of Blitzscaling: Chagee’s ‘Oriental Starbucks’ Dream Hits a Wall of Franchisee Despair
Chagee, the Nasdaq-listed leader of China’s new tea movement, is facing a systemic crisis as net profits have halved and its massive franchisee network enters a period of severe financial distress. Despite a rapid global expansion to over 7,000 stores, the brand's premium positioning is failing to withstand a brutal domestic price war and a cooling consumer market.
From Nasdaq Darling to Crisis: The Rise and Reckoning of Tea Chain Founder Zhang Junjie
Zhang Junjie’s tea chain rose rapidly to a Nasdaq listing and social prominence in 2025, but aggressive expansion, falling same‑store sales and a viral caffeine scare have since put the company under intense pressure. The episode underlines the challenges facing premium Chinese consumer brands: sustaining profitable growth, managing reputational risk on social media, and reconciling founder celebrity with corporate accountability.