Zhang Hongchao and Zhang Hongfu, founders of Chinese beverage giant Mixue Group, now have a combined net worth of $8.1 billion, surpassing Starbucks' former CEO Howard Schultz.

Mixue Bingcheng has overtaken McDonald's and Starbucks to become the world's largest food and beverage chain by store count.

McDonald’s dethroned as world’s largest fast food chain by company with no restaurants in the US - Mixue Bingcheng has beaten ...

Chinese milk tea and ice cream chain Mixue has surpassed McDonald's to become the world's largest food and beverage chain by ...

Mixue sells ice cream and a selection of teas ... five star reviews for a branch of the chain on 159 Giang Vo in Hanoi, Vietnam. Jon K proclaimed: ‘Best ice cream ever. Every time I go here ...

Shares in Mixue, a Chinese ice cream and bubble tea chain ... primarily in mainland China but also Indonesia, Vietnam, Malaysia, South Korea and Australia. Mixue’s store count is greater ...

The company is loved for its affordability, reportedly selling ice creams and drinks for an average of just 65p.

Mixue Bingcheng, a budget-friendly bubble tea brand, now operates more outlets than McDonald’s or Starbucks worldwide.

Mixue's gain came as its major bubble tea rivals were sold off, with Sichuan Baicha Baidao down nearly seven percent and Guming down 1.7 percent on Monday ...

Mixue Ice Cream & Tea has recently implemented FLUX WMS solution to establish a global digital-intelligent warehousing management system.

Two decades ago, a modest snack stall in the middle of one’s China poorest provinces saw its business take off after selling cut-price soft serve for just 15 cents (1 yuan) per cone. Today, it has ...