Mixue Ice Cream & Tea vs. Starbucks: The Peak of “Poor Man’s Economy” or the New King of Freshly Made Beverages?
Introduction At the beginning of March 2025, Chinese milk tea brand Mixue Ice Cream & Tea officially went public, with an IPO price of HKD 202.5 per share. As of today, its market capitalization has surpassed HKD 160 billion, once…
