(Reuters) - Miniso will take up a 29.4% stake in retailer Yonghui Superstores for 6.3 billion yuan ($893.08 million), the household consumer goods retailer said on Monday, on track to emerge as the largest single shareholder in the Chinese firm.

($1 = 7.0542 Chinese yuan renminbi)

(Reporting by Rishav Chatterjee in Bengaluru; Editing by Janane Venkatraman)