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Shares in Mixue—a Chinese ice cream chain with more stores than McDonald’s—jump over 40% after Hong Kong’s largest IPO so far this yearHong Kong’s latest mega-IPO comes from a brand unfamiliar to U.S. investors, yet is also a household name to many throughout China and the rest of Asia thanks to snacks and drinks that can sell ...
Chinese bubble tea and ice cream giant Mixue Bingcheng has become the world’s largest food and beverage chain, topping ...
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 ...
An employee waits for customers at a Mixue Ice Cream & Tea store in Hong Kong on March 26, 2025 - Copyright AFP Peter PARKS An employee waits for customers at a Mixue ...
The company, whose brand name Mixue Bingcheng means “Honey Snow Ice City,” in Chinese, is capitalizing on the region-wide sweet tooth with affordable offerings of ice cream, coffee and bubble ...
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.
One can become a billionaire selling ice cream, lemonade and fruit smoothies ... of China’s fast-shifting labour dynamics. Mixue Group’s blockbuster HK$3.5 billion (S$598 million ...
The benchmark Hang Seng Index was 1.7% higher. Mixue Ice Cream and Tea has become the world's biggest food-and-beverage chain by number of locations, topping McDonald's and Starbucks. The company ...
Chinese drinks company Mixue Group, which has surpassed McDonald's and Starbucks in store count to become the world's largest food and beverage chain, reported a spike in profits on Wednesday as ...
Mixue stores -- recognisable by their bright red signs and smiling snowman mascot -- became ubiquitous in lower-income Chinese cities, offering freshly made fruit drinks, tea drinks, ice cream and ...
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