$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.
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.
Hong Kong’s $353 Billion Margin Loan Boom Fuels Big Gains, Risks
It’s enough money to buy Alibaba Group Holding Ltd., or pay every resident of Hong Kong nearly $50,000. The figure — more ...