Nayuki (or Naixue’s Tea in Chinese), a leading Chinese bubble tea chain, has raised more than US$100 million in a Series C funding round led by private equity firm PAG. After this new investment, Nayuki is valued at nearly US$2 billion, only 6 years after the company was founded.
Nayuki will use the new investment for product research and development, supply chain, and digitalization to provide consumers with better products and experiences. Up to now, Nayuki has completed 5 rounds of financing . . .
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