Wang Xiaokun, the founder and chairman of Cha Panda, has joined the world’s billionaire ranks after a recent funding round valued his Chinese tea chain at $2.1 billion. Wang, 40, currently has a net ...

Chagee Holdings Limited (NASDAQ:CHA) entered the U.S. market over the weekend with a welcoming event at its location at Westfield Century City Mall in Los Angeles. The store will hold its grand ...

On an early evening in Steep’s courtyard in Chinatown’s Mandarin Plaza, the atmosphere is lively but not raucous. Diners chat while sipping on cocktails made with tea-infused spirits and snacking on ...

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Luke Fortney is a journalist based in New York City. He most recently worked as a reporter for Eater, where covered restaurants and food trends for nearly five years. Cheese tea — the cold tea drink ...

Siblings Zhang Hongchao and Hongfu earned a combined fortune of $11.6 billion from selling $1 freshly-made drinks. The company, best known for selling freshly-made drinks for about $1, ended its first ...