HiTea is a brand founded by Shenzhen Meixixi Catering Management Co., Ltd., headquartered in Shenzhen, Guangdong. In 2012, Heytea originated in an alley called Jiangbianli in Jiangmen, Guangdong Province. HEYTEA's original name was ROYALTEA. Due to the inability to register a trademark, it was fully upgraded to the registered brand "HEYTEA" on February 26, 2016. As of January 2022, Heytea has opened more than 800 stores in nearly 70 cities around the world. Among them, the number of stores in Shanghai, Shenzhen and other places has exceeded 100. In 2016, Heytea received an investment of 100 million yuan from IDG Capital and angel investor He Boquan; in July 2021, Heytea completed a round of financing of US$500 million, breaking the financing record in the Chinese tea beverage industry, with a valuation of 60 billion yuan.