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McDonald’sandStarbuckshave been considered the world’s largest food chains for decades.
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Nearly 90% of Mixue’s shops are within China.
There are also locations in the Asia Pacific region, including Indonesia, Vietnam, and Malaysia.
Nonetheless, theWall Street Journalreports: “Forget McDonald’s.
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This Chinese Fast-Food Chain Is Now the World’s Biggest.”
It is currently the most immense listing in the country this year.
The model is powered by a “comprehensive end-to-end supply chain,” it says.
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This includes procurement, production, logistics, research and development, and quality control.
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