China’s Top Self-Service Hotpot Collapses, 30,000 Closures in H1, Franchisees Lose All After 45 Days
China’s Top Self-Service Hotpot Collapses, 30,000 Closures in H1, Franchisees Lose All After 45 Days
Udumbara
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It conservatively estimates that 30,000 hotpot restaurants closed in the first half of this year, averaging about 166 closures daily—a staggering figure.
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