Feb 19 • 05:26 UTC 🇲🇽 Mexico El Financiero (ES)

Starbucks has a rival: What is Mixue, the Chinese chain that opened its first branch in the center of CDMX?

The Chinese chain Mixue has opened its first store in Mexico's Centro Histórico, positioning itself as a competitor to Starbucks with a range of affordable frozen desserts and beverages.

Mixue, a Chinese chain known for its soft-serve ice creams and tapioca drinks, has launched its first outlet in Mexico City, located in the historic downtown area. The new store aims to attract customers with a menu that features competitive pricing, with items starting as low as 8 pesos. This entry into the Mexican market signifies a strategic move to establish a foothold against established coffeehouses like Starbucks, which has a strong presence in the region.

Situated near the iconic Plaza de la Constitución, Mixue's location is strategic, targeting both locals and tourists. The store offers an array of products including bubble tea, soft-serve ice cream, and other fruity beverages, all presented under an accessible pricing strategy. The prominent logo featuring the brand's mascot, the "King of Snow," and the appealing look of the store suggest an emphasis on creating a vibrant and youthful atmosphere, which may resonate well with customers looking for trendy refreshment options.

Amidst a competitive beverage market, Mixue's entry into Mexico could push existing chains to adapt and innovate further. As it expands its franchise model, the implications of Mixue's presence could elevate consumer choices and bring about pricing competition, especially in an environment dominated by international brands like Starbucks. Such developments will be crucial to monitor as they could lead to significant shifts in consumer behavior and market dynamics in the food and beverage sector in Mexico.

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