Bawang Tea Queen’s Q3 revenue fell 9.4% year-on-year, while overseas GMV rose over 75% year-on-year | Financial Report News
On November 28th, BA WANG CHA JI released its financial report for the third quarter of 2025. The report shows that despite strong operational performance, with membership numbers growing over 30% year-on-year and total store count up 26%, both revenue and profit declined. At the same time, single-store profitability in