SINGAPORE—It sells ice cream and sugary drinks for under $1. Its mascot looks like the love child of Frosty the Snowman and the Michelin Man. And its stores relentlessly blare a jingle set to ...
Until now. Newsweek reports how neither McDonald’s nor Starbucks are the largest food and beverage chain by store count any more. That honor now goes to a Chinese company, Mixue Bingcheng.