Mixue. They’re suddenly just popping up everywhere, and the price of their ice cream/drinks is dirt cheap to a point where it doesn’t even make any sense. I understand that the cost of those ingredients are dirt cheap anyway, but there’s no way their margins cover operations, rent, labor.
Mixue. They’re suddenly just popping up everywhere, and the price of their ice cream/drinks is dirt cheap to a point where it doesn’t even make any sense. I understand that the cost of those ingredients are dirt cheap anyway, but there’s no way their margins cover operations, rent, labor.
Multinational chain? More likely that they’re dumping to drive out local competition.
Exactly what Walmart and Amazon did to become massive. Operate on losses until competition dies. Then jack those prices up.