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China s bubble tea boom creates a half-dozen billionaires

China s bubble tea explosion has minted half-a-dozen billionaires

Bubble tea is a sweet tea-based drink that typically comes with soft, chewy tapioca "bubbles" that require an extra large straw to be enjoyed.

Auntea Jenny Steeped By Rivals In Flood Of Bubble Tea IPOs

Key Takeaways: Premium tea chain Auntea Jenny has filed to list in Hong Kong, reporting its profit nearly tripled in the first three quarters of last year to 320 million yuan  The company uses a franchise business model, similar to many of its peers that have also filed for similar recent listings  By Lau Chi Hang

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