Mixue Ice Cream & Tea Overtakes McDonald's and Starbucks as World's Largest Food Chain 🚀
Discover how Mixue Ice Cream and Tea's IPO surge propelled it to become the biggest food-and-beverage chain globally, surpassing industry giants McDonald's and Starbucks in store count.
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Mixue Ice Cream and Tea has become the world's largest food-and-beverage chain by store count, surpassing McDonald's and Starbucks. The company reached 45,000 stores last year after doubling its locations in three years, according to Technomic. Mixed raised over $400 million in its Hong Kong IPO on Monday, with shares surging nearly 30%, valuing the company at over $10 billion. The brand’s affordability, low franchising fees, and viral marketing, including its Snow King mascot and jingle, have fueled its popularity.
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0:38
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Published
Mar 3, 2025
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