Chinese Milk Tea Stores Last an Average of 3 Months, with 200,000 Shutting Down Within a Year!
Chinese Milk Tea Stores Last an Average of 3 Months, with 200,000 Shutting Down Within a Year!
Udumbara
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China’s once-booming bubble tea industry is now facing a tough time, with many tea shop owners closing their businesses in despair. According to data from "Hong Can," a platform focused on the food and beverage industry in China, from November last year to November this year, over 197,000 bubble tea shops have closed. The trend of business closures is getting worse.
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