This bubble tea string is the “larger of the brand of the brand, never heard, ‘with more tends than mcdonald’s

For those of you thought to the McDonald’s and Starbucks are the biggest food and chains of the world’s bathroom for the number of places, think again.

Conder the Great Bubble of China, Ice cream mix, melted, yours may be familiar to many, sell more differently known.

The company saw his warehouse more than 40 per cent follows its $ 444 million US debut on Hong Kong exchange on Monday.

Traping a major, mystisy network has more than 45000 income (overseas countries including Thailand, Singapore, as of the uth.

In comparison, Burders Catina McDonald’s Over 43,000 in addition to 100 countries, while the Giant Starbucks is approximately 40,000 exit in the world.

The wet of origin, low prices

The budget chain was started by Zhang Hongcha founder in 1997 as a small shaved ice machine with a housewife in the city of North. The string involved on the growing structure for a tea in chill and elsewhere, help them grow in giant’s shrunk is today.

“It’s the biggest of the biggest no one has ever heard of.” Dash Robert Carter, Indical Unauled Analet in StratonHunter. “They have just exploited.”

The mixture has become a national icon between Chinese consumers and his gingle kitty Oh! Sushions. I am

Watch? Mixue chingley jingle: https://www.youtube.com/watch?v=pdurm6c59zw

Its full name, Bingcheng, translations toward “soft snow palace” as per the company’s company site. Famous for his play of play called the king of snow, carrying a crown and red coat, it has become young and beauties, at a low price.

“They had a really interesting prices strategy. They keep the very low things but its product quality is high,” Carter said. “So that’s also allowed to grow really dramatically and get a lot younger than the point of price.”

The tea’s tea is one of the few bright points in the front consumer front, with the low price operators that make particularly well.

Mixed with their own supply chain

At the end of 2024, more than 99 percent more than the company’s company have been franchisees, mixue regulatory filings show. Almost all of their shops are radded by franchisee, the unifying Starbucks, that operates 53 percent of their stores directly.

However, the message does not depend onto their income and franchisees made only 2.4 percent of the tolestic three-quarters of 2024, according to their filters.

Brand network, as a traditional magazine, which operuter works there is more than a food provider, Ospending material, Mancouss, Manocusna. The greater of his rivet comes from the sale of goods and equipment in Bastin Frantis, which he has to buy these mixture items.

“I’m not gain no game right to the franchise model,” heath said. “They also do because they control supply string and run profits from selling the product to their network.”

Is the North America after?

In his ipo comping in the January of mine thou, he thought his strategy to shoot his bark. “He can bring competition and against our competition.”

The folder believes the mix could come to North America because it is an area of ​​opportunities for them.

“I’ll wait to see North America. Canada and there is just a trillion’s trillion’s trillion’s trillion’s trillion ‘s segment, he said.

CBC news come to the mix but didn’t hear him suddenly out of office time.

“You didn’t live in … With so immigration, this brand could have an immediate recognition of the external food industry” the challenge will be in your price-priced pattern. “

However, the Boba string has more points of Fast-Food Giants McDonald, Stang and Subway So Copard