Mixue, a huge bubble tea company from China, just had a super successful IPO (that's like when a company starts selling its pieces to the public for the first time)! Lots of people wanted to buy a piece of Mixue, making it a really big deal. It shows that people are excited about investing in successful businesses, especially in fast-growing markets.
- Mixue's stock went up 43% on its first day of trading!
- People borrowed a record amount of money to buy Mixue shares.
- Mixue sells cheap bubble tea, coffee, and ice cream.
- Mixue has more stores than Starbucks or McDonald's!
| Fact | Number |
|---|---|
| IPO money raised | $444 million |
| Mixue's store count | Over 45,300 |
| Predicted Bubble Tea Market size (in 3 years) | $71 billion |
| Founders' combined fortune | $8.1 billion |
