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.

While aggressively growing in store count, in terms of terminal sales, Mixue is still ranked number four in the freshly made ...

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 China's tea beverage market has fully embraced digital transformation ... the partnership aims to redefine the milk tea experience and enhance consumer engagement. MOXI, a leader in ...

MOXI, a leading provider of innovative gamification solutions, is teaming up with Boduo International to bring a new level of interactive fun to the milk tea lovers across the region. The Southeast ...

Wang joins the growing club of Chinese bubble tea billionaires who have sprouted in recent years amid soaring demand for the ...