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Nayuki eyes US, Japan expansion
The Chinese fresh fruit tea brand runs 400 tea shops across China and three outlets in Singapore.
Nayuki unveiled its plan to open stores in the US and Japan this year.
Valued at RMB 6 billion (US$865 million), the Chinese fresh fruit tea brand also offers coffee, baked goods and other desserts.
Recently, it opened its “Dream Factory,” the tea chain’s largest shop in Shenzhen, which has 11,000 sq. ft. of retail space.
In 2018, the company received millions in Series A funding from Tian Tu Capital.
Nayuki currently runs 400 tea shops across China and three outlets in Singapore.
