By the year 2012, Ming Tea had essentially come to dominate Tai City.
"At that time, we already had 27 stores and then began to try expanding nationwide."
Speaking of this, he couldn't help but feel that the past business model of selling milk tea seemed really different now.
In the past, everyone was used to slowly expanding in their stronghold.
But now, with more and more capital coming into the picture, it feels like milk tea businesses aren't starting from small operations anymore. Without bringing in a hundred million, it seems almost trivial.
And the instigator of it all was this young man right in front of him!
The reason why Ming Tea is in its current difficult situation can be summarized in one word—poverty!
Others are burning through a hundred million in cash, where would I get a hundred million in cash?
Mind you, cash!
What's more, they are burning other people's invested money, so they don't feel the pinch.