Boba: Boom or Bust?
From corner shops to global markets, Chinese bubble tea chains are brewing billions.
Three of them went public in Hong Kong this year, tapping into the $779 billion global freshly-made beverages sector.
But as price wars heat up and some stores shut down, the battle is shifting – from rapid expansion to who can innovate and survive.
➡️ To understand why Chinese bubble tea is brewing a billion-dollar business, watch the full story here: https://youtu.be/1ghcW81-MJs
#CNBC #Explains #BubbleTea
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