China's bubble tea boom creates a half-dozen billionaires businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.
China's Milk Tea Tycoons Struggle To Stay Afloat In Over-Brewed Market forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
The bubble tea popularly known as 'Boba' phenomenon in China is not just a trend, it's a business opportunity that has created several billionaires. The latest to join the ranks is Sichuan Baicha Baidao Industrial Co., the third-largest bubble tea chain in the country, which is preparing to go public amidst stiff competition.