A $233 million Hong Kong IPO on Wednesday rocketed Wang’s net worth to $1.1 billion, according to the Bloomberg Billionaires ...
Wang Yun’an, the 38-year-old founder of Chinese milk tea company Guming Holdings, has become a billionaire after the chain ...
Yun'an Wang started his journey with one small bubble tea shop that he opened in his hometown. Today, his tea chain has over ...
While aggressively growing in store count, in terms of terminal sales, Mixue is still ranked number four in the freshly made ...
Chinese freshly brewed tea beverage brands like Gongcha and Mixue are becoming increasingly popular in Southeast Asian ...
The debate over whether brands should use "Chinese New Year” or “Lunar New Year” is ongoing. Most recently, milk tea chain ...
Major on-premise coffee brands have also banked on the rising demand. Starbucks, which now operates 7,685 stores in China as ...
Shares of Chinese tea maker Guming Holdings rose at their Hong Kong trading debut as sentiment surrounding initial public offerings in the Asian financial hub improved. Guming's shares rose 1.8% to 10 ...
Wang Yun’an, the 38-year-old founder of Guming Holdings, is on the cusp of becoming a billionaire as his company prepares for an initial public offering in Hong Kong.