Chatime
 |
|
| Industry | Beverages |
|---|---|
| Genre | Bubble tea |
| Founded | Zhubei in Hsinchu County, Taiwan (2003) |
| Headquarters | Zhubei, Taiwan |
|
Number of locations
|
1,002 in 30 countries (January, 2017) |
|
Area served
|
Australia, Cambodia, Canada, Hong Kong, India, Bangladesh, Indonesia, Japan, Korea, Macao, Malaysia, Myanmar, New Zealand, Philippines, Singapore, Taiwan, Thailand, UAE, United Kingdom, USA, Vietnam |
|
Key people
|
Henry Wang Yao-Hui (Chairperson, Founder) |
| Products |
Bubble tea • Tea • Flavored tea
|
| Services | Tea |
| Revenue | US$20 million (2011) |
|
Number of employees
|
100 |
| Website | ichatime |
Chatime (日出茶太) is a Taiwanese global franchise teahouse chain based in Taiwan (officially the Republic of China). It operates 1,002 outlets in 30 countries. In 2006, it opened its first store outside of Taiwan in California, and it has since expanded to China (PRC), Malaysia, Canada, Indonesia, the Philippines, Cambodia, Thailand, Australia, New Zealand, India, Dubai, Japan and Korea, among others. Its expansion and growth model is through franchising.
Its parent company, La Kaffa International Co Ltd (六角國際事業), debuted on the Emerging Stock Market (興櫃市場) in December 2012 at NT$168 per share. It is expected to list on Taiwan’s Gre Tai Securities Market in the second half of 2013. It is the only public-listed bubble tea company in Taiwan.
Henry Wang Yao-Hui founded Chatime in 2005 in Hsinchu, Taiwan, under the parent company, La Kaffa Coffee. He modernised traditional tea making culture by producing tea machines that could make quality fresh teas that were consistent, using a variety of flavors, fruits and toppings, in order to stand out from the many competitors in the market.
The company opened its first outlet outside of Taiwan in California in 2006, followed by Australia in 2009, where it currently has over 40 stores. This was followed by Malaysia in 2010. Its Malaysian operations currently account for just under 50% of its global revenue.
In 2012, the brand opened its first store in India, a traditional tea drinking country, in New Delhi.
After its two stores in New York, its third store in the United States opened at Mall of America in March 2012. The Chatime store in London is located on Old Compton Street.
In the Philippines, it planned to open 50 stores by 2014, while in Malaysia, it opened its 100th store in 2013, with plans to open up to 250 stores within a three to five-year period.
As of August 13, 2015, the brand has 12 locations throughout Ontario, Canada.
Chatime's parent company, La Kaffa International Co. Ltd., debuted on Taiwan's Emerging Stock Market (興櫃市場) in December 2012 at NT$168 per share under the stock code 2732. It is the only public-listed bubble tea company in Taiwan.
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