HeyTea
HeyTea is a Chinese tea shop that specializes in cheese-topped tea and fruit tea.
HeyTea, founded in May, 2015 and headquartered in Shenzhen, is a tea brewing business. Established by Nie Yunchen and Liu Zhichao, the company has received financings from Hill House, Sequoia China, Tencent Investment and so on. Rivals that have direct and indirect competition with HeyTea globally include Starbucks, LeLeCha, Nayuki, Lily brown, etc.
Hi tea has promoted new fruit tea products of 15 yuan, and products within 19 yuan have accounted for nearly 80% of the menu
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It is reported that Xicha hired UBS to arrange a US $500 million Hong Kong IPO, which will be listed in Hong Kong as soon as next year
Hi tea responded to the rumor that it will be listed in Hong Kong next year: it is untrue. At present, hi tea has no listing plan.
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