Chinese milk tea brand ChaPanda is entering the Singapore market with the launch of two stores.
The first outlet has opened at Scape on Orchard Link, while the second will soon debut at Northpoint City South Wing.
Both locations showcase the brand’s signature panda mascots and offer a variety of drinks, including favourites like Taro Ball Milk Tea and Mango Pomelo Sago.
Founded in 2008 in Chengdu, China, ChaPanda (or ChaBaiDao) has seen rapid domestic and international expansion, becoming the country’s third-largest freshly made milk tea chain.
The brand now operates over 8000 stores worldwide, with a presence in markets such as Hong Kong, South Korea, Australia, Malaysia, and Thailand.
In a major milestone last year, founder Wang Xiaokun joined the ranks of global billionaires following a funding round that valued the company at US$2.1 billion.
Source: Inside Retail Asia
