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Waves of livestreamers and vloggers have picked up their cameras and made their way to everyone's new favorite filming spot – MXBC stores located all over the streets of Chinese cities – to take part in a frenzy created by the bubble tea brand's new theme song.
Nayuki's tea issued an apology on the morning of August 24 in response to recent concerns about their establishment's food safety.
On Thursday, Chinese beverage brand Nayuki announced a sharp price reduction as it launched a new series named "Relaxation". Its stock price rose by 14.89% today on the HKEx, closing at HK $4.86.
Chinese milk tea chain HeyTea on Tuesday announced it has secured $500 million in new financing, led by IDG Capital, He Boquan, Longzhu Capital, Sequoia China, BA Capital, Tencent, Hillhouse Group, Coatue and other investors.