Tea Stick, a functional tea brand incubated by Boohee (also known as Shanghai Mint Information Technology), officially launched the first batch of products, and completed its Series D financing in May, with a valuation of 2 billion RMB (US$308 million) after the investment.
Founded in 2008, Boohee is a health management company based in Shanghai and has become the largest DTC (direct to consumer) health food brand in China, with many product lines, such as meal replacement, coffee drinks, light snacks, and so on . . .
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