Mixue Ice Cream & Tea
Native name | |
|---|---|
| Chinese | 蜜雪冰城股份有限公司 |
| Literal meaning | Honey Snow Ice City Joint Stock Limited Company |
| Company type | Public |
| SEHK: 2097 | |
| Industry | Restaurant |
| Genre | Ice cream parlor Beverage |
| Founded | June 1997 in Zhengzhou, China |
| Founder | Zhang Hongchao |
Number of locations | 46,479 (December 31, 2024) |
Area served | Australia, Brazil, Cambodia, Hong Kong, Indonesia, Japan, Kazakhstan, Kenya, Laos, Macau, Mainland China, Malaysia, Myanmar, Philippines, Singapore, South Korea, Thailand, Vietnam and United States |
Key people | Zhang Hongchao (Chairman) Zhang Hongfu (CEO) |
| Products | Ice cream, bubble tea, and tea |
| Revenue | RMB24.8 billion (2024) |
| RMB5.81 billion (2024) | |
| RMB4.45 billion (2024) | |
| Website | mxbc |
Mixue Ice Cream & Tea (Chinese: 蜜雪冰城; pinyin: Mìxuě Bīngchéng; lit. 'honey snow ice city') is a Chinese multinational restaurant chain specializing in ice cream and tea-based drinks. It was founded in 1997 in Zhengzhou by Zhang Hongchao.
As of early 2025, it operated more than 45,000 stores in China and overseas, making it the world's largest food-service chain by number of stores. Most locations are franchised and the company generates a large share of its revenue by supplying ingredients, equipment, and packaging to franchisees. Its menu emphasizes low-priced items such as soft-serve ice cream and milk tea.
Mixue's parent company, Mixue Group, is listed on the Hong Kong Stock Exchange. The initial public offering raised about HK$3.45 billion (approximately US$444 million at the time) and the shares rose by about 40–47% on the first day of trading.