Chatime

Chatime
Native name
日出茶太
IndustryBeverages
GenreBubble tea
Founded2005; 19 years ago (2005) in Zhubei, Hsinchu County, Taiwan; opened 2006[1]
Headquarters
Zhubei, Hsinchu County
,
Taiwan
Number of locations
Over 2500
Area served
Worldwide
Key people
Henry Wang
(Chairperson, Founder)
Henry Wang
(Vice-president, Co-Founder)
Products
Bubble tea  • Tea  • Flavored tea
ServicesTea
RevenueUS$20 million (2011)[1][2]
Websitechatime.com.tw/zh chatime.com.tw/en

Chatime (Chinese: 日出茶太; pinyin: Rìchūchátài; Pe̍h-ōe-jī: Ji̍t-chhut Tê-thài) is a Taiwanese global franchise teahouse chain based in Zhubei. Chatime is the largest teahouse franchise in the world.[3] Its expansion and growth model is through franchising.[4] It operates 2500+ outlets in 38 countries. In 2006, it opened its first store outside of Taiwan in California, United States and it has since expanded to China, Malaysia, Canada, Bangladesh, Indonesia, Philippines, Cambodia, Thailand, United Kingdom, United States, Australia, New Zealand, Maldives, India, Ireland, United Arab Emirates, Japan, Mongolia, Lebanon, Mauritius and South Korea, Switzerland among others now.[4][5]

Its parent company, La Kaffa International Co Ltd [zh], debuted on the Emerging Stock Market (Chinese: 興櫃市場; Pe̍h-ōe-jī: Hèng-kūi Chhī-tiûⁿ) in December 2012 at NT$168 per share. It is the only publicly listed bubble tea company in Taiwan.[6]

  1. ^ a b Cite error: The named reference phil-star was invoked but never defined (see the help page).
  2. ^ Cite error: The named reference PDI-Manila was invoked but never defined (see the help page).
  3. ^ "Will Chatime be the final straw for Australia's franchise sector?". HRM online. 30 April 2019. Retrieved 10 April 2020.
  4. ^ a b Su, Amy (8 April 2013). "Food, beverage firms plan expansion". Taipei Times. Retrieved 26 July 2013.
  5. ^ "Chatime enters Korea". Inside Retail Asia. 18 October 2012. Archived from the original on 25 October 2012. Retrieved 26 July 2013.
  6. ^ Cite error: The named reference edge-tea was invoked but never defined (see the help page).