As bubble tea craze cools in China, can full equity buyouts revive growth?
- Posted on August 25, 2026
- By South China Morning Post
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- 1 min read
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As bubble tea craze cools in China, can full equity buyouts revive growth?
Bain Capital’s acquisition of Gong Cha may signal a shift in bubble tea investment strategy, as sector slows after years of rapid expansion.
