The milk tea market in Malaysia has seen a shift, with newer Chinese brands like Mixue and Chagee dominating the landscape, while some earlier franchises have struggled to stay relevant.

Yun'an Wang started his journey with one small bubble tea shop that he opened in his hometown. Today, his tea chain has over ...

The evolving lifestyles of people over 50 have also caught the attention of brands, leading to unexpected collaborations. One ...

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 listed in Hong Kong on Wednesday.

Major on-premise coffee brands have also banked on the rising demand. Starbucks, which now operates 7,685 stores in China as ...

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.

The debate over whether brands should use "Chinese New Year” or “Lunar New Year” is ongoing. Most recently, milk tea chain ...

As of 2023, the brand held a 9.1% market share among China’s top five bubble ... the drinks — typically a blend of tea, fruit, tapioca pearls, or milk — has been on an upward tear in recent ...