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 the tune of “Oh! Susanna.

Mixue Bingcheng, a budget-friendly bubble tea brand, now operates more outlets than McDonald’s or Starbucks worldwide.

Move over, McDonald's! The Chinese fast-food chain Mixue, best know for its bubble tea and ice cream, has topped the golden arches as the world's largest food and beverage chain by number of stores — with more than 45,

Mixue Ice Cream and Tea has become the world's largest food-and-beverage chain by store count, surpassing McDonald's and Starbucks. The company reached 45,000 stores last year after doubling its locations in three years,

A, Whataburger, Raising Cane's, KFC, Bojangles, Zaxby's, Wingstop, and Cook Out.

China's Mixue Ice Cream and Tea has become the world’s biggest food-and-beverage chain in terms of the number of locations, topping McDonald’s and Starbucks. With the name pronounced as “ME-schway,” the company's 45,