Urban Tea, Inc.
NASDAQ:
MYT
Urban Tea, Inc. is an emerging specialty tea product distributer and retailer headquartered in Changsha City, Hunan Province, China. Through its wholly owned subsidiary, Shanghai Ming Yun Tang Tea Limited ("Shanghai MYT") which controls Hunan Ming Yun Tang Brand Management Co., Ltd. ("Hunan MYT"), Urban Tea currently market a wide range of trendy tea drinks, light meals, and pastries targeting China's new urban generation in Hunan province. Urban Tea's products are focused on not only their taste but also their aesthetic presentation and health benefits. Urban Tea's products are currently being offered via its own stores. Urban Tea expects to start selling its products in its managed and JV stores in mid-2019.
Key Facts
Auditor
Public Listing
Domicile
HQ/Management
Location of Key Operations
IR Contact
Centurion ZD CPA Ltd
IPO (February 19, 2019)
British Virgin Islands
Yuhua, Changsha, China
Brian Zhang, Internal
Analyst Coverage
Latest News
June 15, 2021: Urban Tea, Inc. Announces Name Change to Bit Brother Limited and Upcoming Trading Symbol Change to BTB (prnewswire.com)
May 10, 2021: Urban Tea Accepts Crypto-Currency in Its Stores (yahoo.com)
April 28, 2021: Urban Tea, Inc. Announces Pricing of Approximately $25Million Registered Direct Offering (prnewswire.com)
February 17, 2021: Urban Tea Appoints New COO and Independent Director to Drive Expansion in Blockchain and Cryptocurrency Mining Business
January 20, 2021: Urban Tea Subsidiary Achieves Earn-out Commitment and Urban Tea Expects 400% Increase in Total Revenues For Fiscal Year Ending 6/30/2021