$1 ice cream and billionaire brother founders: Welcome to the biggest fast-food chain in the world
The chain, which has more than 45,000 stores worldwide, has attracted customers with cheap ice cream and bubble tea.
Bubble tea giant Mixue's IPO powered by prowess in procuring, production, prices: analysts
Mixue Group, China's largest fresh-drinks chain, has launched Hong Kong's hottest initial public offering (IPO) on the ...
This boba chain you’ve never heard of has more outlets than McDonald’s
Two decades ago, a modest snack stall in the middle of one’s China poorest provinces saw its business take off after selling cut-price soft serve for just 15 cents (1 yuan) per cone. Today, it has ...
Analyst reveals largest challenge for Mixue after stellar market debut
Mixue shares rallied more than 40% on their Hong Kong debut. Longdley Zephirin expects Mixue to struggle with expansion into ...
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Mixue founders surpass Starbucks’ billionaire ex-CEO Howard Schultz in wealth with $8.1 billion fortune
Zhang Hongchao and Zhang Hongfu, founders of Chinese beverage giant Mixue Group, now have a combined net worth of $8.1 billion, surpassing Starbucks' former CEO Howard Schultz.
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Hongkongers seek US$353 billion in loans to bet on city’s red hot IPOs
IT’S enough money to buy Alibaba Group Holding, or pay every resident of Hong Kong nearly US$50,000. Read more at The ...
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Chinese drinks chain Mixue 'copied theme tune from racist 1848 Alabama folk song'
Footage shows how a Chinese drinks chain that this week had a blockbuster IPO copied its theme tune from a racist 19th century Alabama folk song. Mixue floated on the Hong Kong stock exchange on March ...