Bubble Tea Giants Guming And Auntea Jenny Eye Ipos Amid Hong Kong Listings Surge

Hong Kong’s bubble tea scene is heating up as two major players, Guming and Auntea Jenny, take significant steps toward going public. Last Friday, the Hong Kong Stock Exchange approved Guming’s IPO, while China’s securities regulator gave the green light to Auntea Jenny’s similar offering. The duo, alongside the industry leader Mixue, are all poised to raise substantial funds by tapping into the booming bubble tea market in China. They will join Chabaidao, the first of the top four bubble tea chains to list with its Hong Kong IPO last April.

As these popular chains move forward with their market debuts, the question arises: how do Guming, Auntea Jenny, Mixue, and Chabaidao compare in terms of key metrics like revenue, store count, and profits? In this report, we break down how these top contenders stack up against each other in their race to dominate the bubble tea space.

Read more:

Latest

Netflix’S Arcane Comes To Life At A Koreatown Boozy Boba Lounge

Immersive pop-ups may have become a cultural cliché, but Netflix’s latest collaboration with Riot Games promises an experience worth exploring. Koreatown’s popular bubble tea...

What is a low-cost, high-profit franchise?

Franchising has long been a popular avenue for aspiring entrepreneurs to start their own business with the support and guidance of an established brand....

Bobalicious Brings Trendy Boba Tea To Evansville’s Eastland Mall

Eastland Mall in Evansville, Indiana, is buzzing with excitement as it welcomes Bobalicious, a new boba tea store that has quickly captured the attention...

House of Franchise Welcomes Ooh! Cha! Milk Tea with Flair and Flavor

CEBU CITY, Philippines - The House of Franchise, known for its innovative ventures, has recently introduced an irresistible addition to its portfolio: Ooh! Cha!...

How About Kung Fu Tea Tiger Milk Tea?

Kung Fu Tea’s Tiger Milk Tea is one of the most exciting drinks on the menu, and for good reason. This beautifully crafted milk...

What is milk tea affordable franchise?

In the dynamic landscape of the food and beverage industry, the popularity of milk tea has surged in recent years, creating a lucrative market...

Kirin Afternoon Tea Revamped: Straight Tea, Milk Tea, and Lemon Tea

The Kirin Afternoon Tea series, including Straight Tea, Milk Tea, and Lemon Tea, has undergone its first revamp in six years. Released nationwide on...