First-half results reveal widening gaps as brands push into coffee, specialty drinks and ice cream in search of profitable growth
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China’s major tea chains are diverging as fading delivery subsidies and intensifying competition test the industry’s shift from rapid expansion to profitable growth.
Annual reports highlight a widening divide in the country’s bubble tea industry, with Mixue and Guming pulling ahead and…
Chinese bubble tea chains scaled up quickly by using low-cost franchising. But as IPO buzz fades, long-term value hinges on…
Mixue shares extended losses after the Chinese ice cream and tea giant reported lower first-half profit despite higher revenue.
Market saturation at home, rising costs and intense price wars are testing the resilience of the country's bubble tea brands.
A major competition is brewing
New tea and coffee brands from China are winning customers across America, but their broader influence remains unclear.
