Recently, Naixue's tea company responded that it has completed round C financing of more than US $100 million recently. The leading investor is Pacific Alliance Investment Group (PAG), and Yunfeng fund is also one of the investors.

This round of funds will be used to increase investment in product research and development, and will continue to deepen the supply chain and digital construction to provide consumers with better products and experience. After financing, Naixue's tea valuation will reach nearly $2 billion.