Investors should know that China’s Mixue boasts a solid balance sheet at present. The chain of ice cream and iced tea stores ...
Chinese bubble tea and ice cream giant Mixue Bingcheng has become the world’s largest food and beverage chain, topping McDonald’s and Starbucks in store count. According to Newsweek ...
Shares in Mixue, a Chinese ice cream and bubble tea chain, surged over 40% on Monday, the first day of trading after an IPO that raised 3.45 billion Hong Kong dollars ($444 million). Mixue was ...
as well as equipment such as refrigerators and ice-cream makers, to its franchises. Faced with weak job prospects, many Chinese might find Mixue’s business proposition palatable. The initial ...
In early March, much of the Western world was introduced to Mixue Ice Cream and Tea (pronounced mee-schway), a fast food chain based in China that's also found across much of Asia and Australia.
Profit for the year jumped 40 percent to $613 million. Mixue, whose name translates to "honey snow ice city", was founded by two brothers in the Chinese hinterland province of Henan in 1997 as a ...
Mixue has morphed into a food-and-beverage giant with over 45,300 shops — more than Starbucks or McDonald’s Corp. — by selling $1 bubble tea, coffee and ice cream. Mixue relies on a ...
Some customers, who have tried Mixue, pointed out their favorites. "Their boba was so good in Vietnam!!!" one user tweeted. "as a big fan of their ice cream toffee latte, i'm happy," another wrote.
Mixue is often seen as China's largest chain of iced drinks, milk tea, and ice cream. However, it operates more like a raw-material supplier than a traditional beverage brand. Founded in 1997 as a ...