What is "chatime"

Chatime is a Taiwanese global franchise teahouse chain. It operates 1,002 outlets in 26 countries. In 2006, it opened its first store outside of Taiwan in California, and it has since expanded to Malaysia, Canada, the Philippines, Cambodia, Thailand, Australia, New Zealand, India, Dubai, China, Japan and Korea, among others. Its expansion and growth model is through franchising.

Its parent company, La Kaffa International Co Ltd , debuted on the Emerging Stock Market 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.