Chinese food and beverage brands are gaining ground across Southeast Asia, offering alternatives to big name American chains ...
In early March, much of the Western world was introduced to Mixue Ice Cream and Tea (pronounced ... ice cream, and coffee. As Business Insider notes, the menu offerings are generally quite ...
Due to overwhelming demand, the company reallocated more shares to the Hong Kong offering. Mixue is known for its milk tea, fruit drinks, ice cream and coffee. Its IPO comes weeks after Guming's, ...
Unlike traditional restaurant chains, Mixue generates most of its revenue by selling ingredients like milk, syrups, and coffee, along with equipment, to its franchisees. With 99% of its stores ...
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 ...
HONG KONG (AP) — Chinese food and beverage brands are gaining ground across Southeast Asia, offering alternatives to big name American chains and expanding Beijing’s commercial and cultural ...
A worker carries a box of supplies for a Mixue store in Jakarta, Indonesia, Wednesday, Feb. 19, 2025. (AP Photo/Achmad Ibrahim) ...
As of September, Mixue Group had over 45,000 stores carrying its Mixue tea drinks, ice creams and Lucky Cup coffee products, more than the store numbers of Starbucks and McDonald’s, industry ...