Industry with low entry barrier, if the product margins r good, it will attracts more players which likely to incur price war to compete for market share, causing margin erosion...
Bubble Tea Chain Raises $656 Million in Hong Kong IPO<blockquote>珍珠奶茶连锁店香港IPO融资6.56亿美元</blockquote>
(Bloomberg) -- Chinese bubble tea chain Nayuki Holdings Ltd. has raised HK$5.09 billion ($656 millio