HEYTEA
喜茶
HEYTEA is a new-style tea drink brand led by IDG Capital and backed by Sequoia China, Hillhouse, Coatue, and BA Capital . Coatue, one of its investors, has also put capital into other consumer brands including Guming and SHEIN . elsewhere's corpus does not cover HEYTEA's founding date, headquarters, or more detailed business profile beyond this investor backing.
AI-generated — may contain errors, please verify.
Coverage
Behind Luckin Coffee's "Coming Ashore": IDG's Gamble and New Faces
New consumption, new investment, new narratives.
暗涌Waves·Before Pop Mart's IPO, an unpublished interview with Wang Ning
Only human nature never changes.
暗涌Waves·IDG Bets on Liu Jingkang: A Victory for Doubling Down on Young Founders
The company turned ten this year; its VC backers have been along for the ride for twelve.
暗涌Waves·Consumer investor Yu He waited for two big fish like he was waiting for Godot.
I've stumbled through pitfalls and detours, celebrated victories, and felt the sting of regret.
暗涌Waves·The Chagee Funding Story: From a Terrible Hand to Changing Its Fate
More than just good luck.
暗涌Waves·The Giant Beneath the Fissure: The Rise of Ba Wang Cha Ji
"Do kings and nobles have a special birthright?"
暗涌Waves·After Reading a 1,000-Page Prospectus, Here Are the Secrets Behind Mixue Bingcheng's Stock Price
Nobody gets a better Mixue ice cream or tea just because they're richer.
暗涌Waves·The Only Funding Round Mixue Bingcheng Ever Took: The Fortune of Being Chosen
"Different Money"
暗涌Waves·Two Roads Diverge, But You Can't Travel Both | 2024 · Under 36
Make your choice.
暗涌Waves·The story of Ba Wang Cha Ji is China's answer to *The Pursuit of Happyness*.
From nobody to 20 billion yuan in annual revenue.
暗涌Waves·A Globalization Guide for Chinese Founders: Slicing the World Horizontally
The word "globalization" — so brief, yet it encompasses so many narratives.
暗涌Waves·A Letter from a VC to Its LPs
A microcosm of China's golden age of venture capital.
暗涌Waves·Can You Still Remember the Last Time a Purchase Actually Satisfied You? | WAVES RADIO
Fengqiao Capital's Chang Xin in conversation with Luxe.Co's Yu Yan.
暗涌Waves·Exclusive | Coatue Invested in Ba Wang Cha Ji — Can Dollar Funds Still Go Another 15 Years?
The Current Survival Reality of USD Funds.
暗涌Waves·In the long winter of consumption, Hongshan wants to snap its fingers and find resonance.
Sparks mark the beginning of the next cycle.
暗涌Waves·We Analyzed 1,000 LP Commitments and Found 30 Hidden Top Family Offices
They are also a microcosm of China's commercial evolution.
暗涌Waves·Buyouts in China: A "Boy Who Cried Wolf" Fable
After so many cycles of euphoria and heartbreak, will Chinese buyouts finally deliver a different ending this time?
暗涌Waves·
















