Hong Kong, March 26, 2025 (AFP) - China drinks chain Mixue profits spike 40% in 2024

NAMPA / AFP

2025-03-26

Chinese drinks company Mixue Group, which has surpassed McDonald's and Starbucks in store count to become the world's largest food and beverage chain, reported a spike in profits on Wednesday as it laid out further expansion plans. The results came after Mixue raised $444 million in a bumper Hong Kong listing, with the stock jumping more than 40 percent on its March 3 debut and trading at around double its offer price this week. The firm -- known......

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WINDHOEK, 27 March 2025 - President of the Popular Democratic Movement, McHenry Venaani speaking after the tabling of the 2025/26 National Budget on Thursday. (Photo: Justina Shuumbwa) NAMPA

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