Mixue said it will use the proceeds mostly to expand its supply chain and ramp up production capacity for food ingredients and store equipment. The two brothers, Hongchao, Mixue’s 48-year-old ...

The Chinese beverage giant Mixue Group has become the world’s largest F&B chain by number of outlets, overtaking Starbucks and McDonald’s. The company, whose brand name Mixue Bingcheng means ...

Just weeks earlier, beverage giant Mixue – now the world’s largest F&B chain by store count, surpassing McDonald’s and Starbucks – listed in Hong Kong. These brands, along with Luckin ...