This week, Chagee officially filed its IPO prospectus with SEC, planning to list on NASDAQ under the ticker $Chagee Holdings Limited(CHA)$.173% YOY Growth Pushes it to Become the Second Largest Tea Beverage Brand in Just Three YearsThe prospectus shows that in 2024, Chagee's GMV (Gross Merchandise Value) reached 29.5 billion RMB, a 173% year-on-year increase, nearly three times the previous year.Its annual revenue was 12.4 billion RMB, surpassing brands like Chabaidao and Gu Ming. Chagee has become the second-largest domestic tea brand, just behind $MIXUE GROUP(02097)$.High-End Tea Beverage Route: Profit Margin Exceeds MixueAfter turning a profit in 2024, Chagee's net profi
🟩 💡 Join Iggy in today’s Singapore Market Digest as we dive into Singtel’s $643M green loan and what it means for investors! Packed with insights, this video breaks down how Singtel’s regional data center arm secured a massive 5-year green loan from major banks like DBS, OCBC, and HSBC to fund a 58MW sustainable data center in Singapore. Shedding light on this crucial milestone, we explore how Singtel is positioning itself as a key player in the booming data center sector. 📊 Whether you're tracking Singtel’s stock performance (hint: it closed slightly higher at $3.23!) or looking for economic strategies in the tech and sustainability space, this video has you covered. We also touch on broader market trends, including the increasing demand for cloud services and digital infrastructure. 🌱 Fr