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With its signature drinks priced between 2 to 8 yuan (30 cents to $1.20), a catchy theme song and a snowman mascot, Mixue has attracted a massive customer base across China since its founding in ...
Mixue has so far steered clear of high-cost real estate markets to focus entirely on tier 2 and tier 3 cities. This has ...
In the first nine months of 2024, revenue grew 21 per cent to 18.7 billion yuan (US$2.6 billion), while net profit came in at 3.5 billion yuan, a 42 per cent year-on-year gain. Behind Mixue’s ...
$1 ice cream, $2 drinks Mixue's main draw is its cheap products, customers in Singapore told Business Insider. The chain has about 20 outlets in Singapore, all operating as to-go counters.
By this metric, Mixue surpassed a record set by Ant Group's scuttled IPO in 2020 and Kuaishou Technology's share sale in 2021, which both raked in around HK$1.3 trillion in loans.
Shares of China’s largest bubble tea and drinks chain Mixue Group jumped nearly 30% on their first day of trading on the Hong Kong Stock Exchange on Monday after the firm raised $444 million in ...
Shares of Mixue were highly sought after ... Nayuki traded down 6.2%, while Sichuan Baicha Baidao stood 5.5% lower. Guming fell 3.3%. The IPO has gained the support of five cornerstone investors ...
As the trading day progressed, Mixue's stock price soared more than 43.2 percent, pushing its total market value beyond HK$109.3 billion. The IPO set a record in the Hong Kong market, attracting ...
Mixue Group, China's largest fresh-drinks chain, has launched Hong Kong's hottest initial public offering (IPO) on the strength of its supply chain - and its ultralow prices. The retail portion of the ...