Skip to content
Food

Tea chain Nayuki expanding to USA and Japan

By Minjun ParkJapan
1 min read
heytea2
heytea2
In this article (4)

Chinese tea chain Nayuki will launch its first stores in Japan and the US this year.

The firm, which operates nearly 400 stores in China and three in Singapore, serves tea blended with fruit, cream cheese and toppings.

“With our commitment to becoming an innovator and purveyor of Chinese tea culture, we hope to deliver our unique and exceptional tea experience to the world,” said Nayuki founder Peng Xin. “To achieve this goal, we have established tea fields where tea is cultivated under strict conditions from cultivation to processing.”

In recent years, China’s traditional tea culture has been revamped by new-style tea franchises backed by large investments. The tea chain Nayuki, valued at RMB6 billion (US$865 million), received a multi-hundred-million RMB injection in Series A plus funding from TianTu Capital in 2018.

In November last year, the company opened its largest shop – Nayuki’s Dream Factory – in Shenzhen, an 11,000sqft retail space offering an immersive in-store experience. Visitors are invited to see, hear and learn about the innovations of Nayuki’s teas while enjoying a menu of handcrafted teas, coffees, cocktails, baked goods, desserts and more exclusive to the store.

Questions & Answers

Q.

Which specific cities in the US and Japan will Nayuki open its first stores in?

A.

The article states Nayuki will launch stores in the US and Japan this year, but it does not specify the exact cities for these new locations.

Q.

How many Nayuki stores are currently operating outside of mainland China?

A.

Nayuki currently operates three stores in Singapore. The article does not mention any other international locations before the planned expansion.

Q.

What is the valuation of Nayuki and which firm provided recent funding?

A.

Nayuki is valued at RMB6 billion (US$865 million). TianTu Capital provided a multi-hundred-million RMB injection in Series A plus funding in 2018.

Reader pulse

Nayuki's international move:

23,085 votes so far

Weekly Briefing

Asia's retail intelligence, in your inbox

Tuesday, Thursday and a Saturday Weekly Wrap: the retail stories, numbers and moves that mattered across Asia. Nothing else, and you can unsubscribe in one click.

  • Top industry moves and market shifts
  • Weekly data-driven analysis from across Asia
  • Tuesday, Thursday and the Saturday Weekly Wrap

Read by retail operators, investors and brand teams across Asia.

Protected by a quick human check. No spam, ever. Unsubscribe in one click.

SecureGDPR ready