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Mixue Bingcheng operates a large beverage chain selling tea, fruit drinks, coffee, and ice cream.
Founded in 1997, Mixue Bingcheng operates beverage and ice cream stores, with more than 40,000 locations in 31 Chinese provinces and overseas operations in Southeast Asia. Its offerings include bubble tea, fruit tea, milkshakes, lemonade, coffee, and ice cream, alongside logistics and store training services. It raised USD 2 million in pre-IPO funding in February 2025 and HKD 3.45 billion in its March 2025 IPO.
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