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The Dallas-based restaurant chain is teaming up with Austin boot company Tecovas to launch Booth Boots, or cowboy boots made with recycled Chili's booths. And to complete the spicy getup, the two ...
Mixue sold 17 million shares in the deal at a fixed price of HK$202.50 ($26.04) each. The shares started trading at HK$262 each and the gains outpaced a 0.8% rise in Hong Kong’s Hang Seng Index.
Mixue, a bubble tea and ice cream chain founded in 1997 in China's Henan province, debuted on Hong Kong's stock market on Monday. It offered close to 17.1 million shares, amounting to 3.45 billion ...
Mixue expanded rapidly, growing from fewer than 10,000 shops in 2019, according to Momentum Works, a market research firm based in Singapore. Zhang’s younger brother, Zhang Hongfu, joined Mixue ...
Chinese bubble tea and ice cream giant Mixue has overtaken McDonald’s and Starbucks to become the world’s largest food chain.
Shares of Mixue Group, China’s largest bubble tea chain controlled by billionaire brothers Zhang Hongchao and Hongfu, jumped 43% in its Hong Kong IPO debut.
Mixue’s 46.5 thousand stores (of which 40.5 thousand are in China) account for roughly 20% of China’s freshly-made tea drink GMV, and about 57% share in the sub ¥10 segment.
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 ...
Mixue has filed for an IPO in Hong Kong, aiming to raise up to $1 billion for its global expansion.
Susanna.” This recipe helped Mixue Ice Cream and Tea become the world’s biggest food-and-beverage chain by number of locations, topping McDonald’s and Starbucks.
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