Chibaidao
PublicChibaidao is now publicly traded
The data on this page reflects Chibaidao's private-market history up to the point it went public, including its funding rounds, valuation, and investors.
Went Public
Apr 23, 2024
Last Round
Follow-on Offering
Jun 9, 2023
Est. Valuation at Exit
$2.44B
Total Funding Raised
$465.66M
Company Overview
Chibaidao (茶百道), legally known as Sichuan Baicha Baidao Industrial Co., Ltd., is a Chinese company specializing in freshly-made tea drinks. Founded in 2008 with its first store in Chengdu, Sichuan, the company has grown into the third-largest tea drink retailer in China, with a market share of 6.8% as of 2023. It operates primarily through a franchise model, with a network of over 8,000 stores across all provinces of China. The company focuses on product research and development, creating popular drinks by blending natural ingredients with Chinese tea. Chibaidao went public on the Hong Kong Stock Exchange on April 23, 2024, under the stock code 2555.HK.
Verticals
Tea, Bubble Tea
AI Layer
Non-AI
Chibaidao Comparables
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Request accessChibaidao Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| IPO | Apr 23, 2024 | ||||
| Follow-on Offering | Jun 9, 2023 |
Chibaidao Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Loyal Valley Capital | Follow-on Offering |
| China International Capital Corporation | Follow-on Offering |
Chibaidao Filings
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| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
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