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Chinese bubble tea chain with more stores than McDonald’s wants to conquer the world

Mixue has bold plans for international expansion but its successful formula may face hurdles abroad

At an upscale shopping centre on São Paulo’s Paulista Avenue last month, dozens of customers queued up for a new Chinese brand offering ice cream for less than a dollar.

The store is the first in Brazil for Mixue, a food and beverage chain that remains little-known outside China but has more stores globally than McDonald’s. With 60,000 outlets — mostly in the mainland — its bubble and milk tea is now available in cities from New York to Singapore.

“I think it will take off in Brazil,” said Jhonny Michel, a 37-year-old businessman carrying three bags full of lemonades, a sundae and toy souvenirs that cost a total of R$84 ($17). “The prices are fair.”

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