China Bubble Tea Boom Creates New Billionaires: Sichuan Baicha Baidao Set To Go Public
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.