Mixue’s net profit jumped 42% to 3.49 billion yuan ($479 million) in the first nine months of 2024 from the same period in the previous year, according to the prospectus.

Mixue could face challenges in growing its footprint in the tier 1 cities, according to a Zephirin Group analyst. Longdley Zephirin’s remarks arrive only hours after shares of China’s largest ...

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.

One of Mixue’s biggest advantages is its affordability. It sells soft-serve ice cream for as little as 1 yuan (15 cents) and beverages for 30 cents to $1.20.

SYDNEY, March 3 (Reuters) - Shares of China's largest bubble tea and drinks chain, Mixue Group (2097.HK), jumped more than 47% in their debut on the Hong Kong Stock Exchange on Monday, with new ...

China’s bubble tea and ice cream brand Mixue, with 45,300 locations worldwide, has become the largest food and beverage (F&B) chain by store count, surpassing both McDonald’s and Starbucks.

Two of China’s most popular bubble tea brands are preparing to go public. Mixue Group and Guming Holdings — which are known for drawing crowds for their unique beverages, such as passionfruit ...

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.

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.

In early March, much of the Western world was introduced to Mixue Ice Cream and Tea (pronounced mee-schway), a fast food chain based in China that's also found across much of Asia and Australia ...

Mixue Group: 2025 TIME100 Most Influential CompaniesIt’s the biggest fast food chain you’ve likely never heard of—at least, if you live in the Western hemisphere. Known for its ice cream and ...