The Business Behind Your Boba
Three Chinese bubble tea chains raised $710 million through Hong Kong IPOs as investors bet on China's fast-growing consumer sector.
With Mixue now the world's largest F&B chain by store count, analysts cite low-cost franchising and rapid expansion as key drivers – but warn market fragmentation poses risks.
➡️ To understand why Chinese bubble tea is brewing billion-dollar businesses, watch the full story here: https://youtu.be/1ghcW81-MJs
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