On the other hand, the company actively sought breakthroughs. It planned to use IPO proceeds to advance digitalization, upgrade its supply chain, and expand overseas. It also rolled out corrective measures in 2025, such as tiered complaint-response protocols and shortening the shelf life of fillings, while accelerating its overseas rollout. As of September 30, 2025, it had 53 stores overseas; peak daily turnover at its Singapore stores reached SGD 12,000, making Southeast Asia the company’s core overseas expansion battleground.
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Russell Brandom has been covering the tech industry since 2012, with a focus on platform policy and emerging technologies. He previously worked at The Verge and Rest of World, and has written for Wired, The Awl and MIT’s Technology Review.