Move over McDonald’s, Starbucks, and your iconic golden arches and seasonal lattes. The real contender for the title of the world's largest fast food chain? It’s Mixue, a bubble tea and ice cream giant that’s quietly been winning over Asia — and it doesn’t even have a single store in the U.S.

As of September 2024, Mixue has exploded to over 45,000 locations worldwide, surpassing both McDonald's (41,000 locations) and Starbucks (40,000). But here’s the kicker: Mixue’s empire is entirely absent from U.S. soil. Founded in 1997 by two brothers in China’s Henan province, Mixue has expanded its reach across Asia, with stores in places like Indonesia, Vietnam, Malaysia, South Korea, Japan, and even Australia.
The brand’s rise to prominence has been nothing short of meteoric, especially considering its menu revolves around some of the simplest, most affordable treats you can find: $1 ice cream and $2 bubble tea. The “Signature King Cone,” a cute nod to their snowman mascot, costs only $1.10. And if you’re looking for a refreshing drink? You can grab a classic boba tea for as low as $2.50 in Singapore.
So, what’s the secret sauce behind Mixue’s success? Simple: affordability and accessibility. While other bubble tea chains often focus on a high-end experience, Mixue has built its brand around being the quick, tasty, and budget-friendly option. The majority of Mixue’s stores are compact counters, strategically placed in high-traffic spots like busy streets and college campuses. It’s not the place for long hangouts, but rather a pit stop to grab your favorite drink and keep moving.
And, let’s not forget the power of TikTok. Mixue’s catchy jingles and viral videos have created a buzz, especially among younger crowds who can’t resist the chain’s sweet offerings. From the irresistible Taro Milk Tea to the indulgent Brown Sugar Pearl Milk Tea, Mixue’s diverse menu is packed with flavors that range from fruity teas to creamy milkshakes and boba ice cream sundaes.
With its commitment to keeping prices low while delivering quality, it’s no surprise Mixue is dominating the bubble tea scene. While it hasn’t made its way to the U.S. (yet), Mixue’s ability to capture the hearts (and wallets) of millions in Asia shows just how powerful a simple, well-executed concept can be in the fast food industry.