Chinese bubble tea chain Nayuki buys significant stake in LELECHA for $75m

Chinese bubble tea chain Nayuki buys significant stake in LELECHA for $75m

Screenshot of LELECHA's official website

Chinese bubble tea chain Nayuki Holding has acquired a 43.64% stake in Shanghai Chatian Catering Management, which operates the LELECHA brand, for 525 million yuan ($75.3 million), according to a bourse filing by Nayuki on Monday.