Nayuki tweaks franchising model as competitors serve up rival listings
The premium tea seller had 205 franchised stores in its network at the end of March, following its decision last year to diversify beyond self-operated stores Key Takeaways: Nayuki’s new…
Mixue brews up renewed IPO bid, tempting investors with overseas expansion
After an aborted attempt to list on China’s domestic A-share market, the country’s leading bubble tea chain has filed a new IPO application for Hong Kong Key Takeaways: Mixue has…
PODCAST: An EV Newbie Goes to Wall Street, and a Bubble Tea Giant to Hong Kong
By Doug Young & Rene Vanguestaine EV maker Zeekr, owned by car giant Geely, has filed for a New York IPO to raise as much as $1 billion. But with…
Mixue Sips Success at the Bottom of China’s Premium Tea Market
The fast-growing chain whose bubble and milk teas typically sell for less than $1.50 has filed for a Shenzhen IPO that could value it at nearly $10 billion Key Takeaways:…