China Introduces New Disinfection Rules for Cold Chain Food Imports
China’s top health authority issued new guidelines about general disinfection for imported cold chain food.
11/9/20202 min read
Tag: #consumption
Showing 12 of 53 posts with this tag
Honeymoon Dessert's Parent Company Completes Round of Strategic Financing
Honeymoon Dessert and Tea Buds, two Chinese food and beverage brands, have recently merged. The parent company of Honeymoon Dessert also announced the completion of a new round of strategic financing.
5/7/20223 min read
New Fund of Chinese Beverage Brand Genki Forest's Founder Plans to Raise $344M
Tang Binsen is not only the founder of Chinese beverage brand Genki Forest – he is also an avid investor. Challengers Venture, founded by Tang, has become one of the fastest rising upstarts in the venture capital community.
11/4/20224 min read
Pinduoduo Sees Increasing Revenues and Active Users in Third-Quarter Financial Report
Chinese e-commerce platform Pinduoduo Inc. saw increases in revenues and active users in its unaudited financial results for the third quarter ending Sept. 30, 2020.
11/12/20203 min read
Starbucks Steps Up Efforts to Compete for China Market Share
Faced with pressure from competitors such as Luckin Coffee and Tims China, Starbucks, which has always been known for its reserved attitude towards China, has been changing its strategy for tackling the country's domestic market.
11/4/20224 min read
Luckin Coffee Reaches Preliminary Agreement Worth $175 million for Class Action Settlement
Chinese coffee company and coffeehouse chain Luckin Coffee Inc. has reached a $175 million settlement in its shareholder class-action lawsuit.
10/27/20212 min read
Pinduoduo signs MoU with Denmark, Aiming to Bring More Danish Products to Chinese Consumers
Chinese interactive e-commerce platform Pinduoduo Inc. signed a memorandum of understanding with the Royal Danish Consulate General in Shanghai on Thursday.
11/6/20202 min read
Former Luckin Coffee Chairman's New Venture Expands in China
Cotti Coffee, a new venture of Charles Lu, the former chairman of Luckin Coffee, opened its first offline store in Fuzhou in late October, and the brand has been making further progress since then.
11/11/20223 min read
Electrolyte Water in Short Supply After China Adjusts COVID Policies
With the adjustment of COVID-19 prevention and control policies in many cities in China, in addition to a wave of panic buying of cold medicines, some food products have become unexpectedly popular recently, such as canned yellow peaches and electrolyte water.
12/13/20224 min read
Chinese 3R Company Zhen Wei Xiao Mei Yuan Complete B+ Round Financing with Baidu Ventures as Leading Investor
Zhenwei Xiaomeiyuan, a new Chinese 3R dishes brand, has recently completed a B+ round of financing, with Baidu Ventures as its leading investor and Dingxiang Capital and 01VC as co-investors.
1/18/20222 min read
Pinduoduo Partners with Widely Watched TV Station to offer Double 11 Super Night Gala
Pinduoduo, the second-largest e-commerce platform in China, announced that it will cooperate with a provincial satellite TV station to host the upcoming Double 11 Super Night Gala.
10/27/20202 min read
Luckin Coffee Achieves Profitability in Cut-throat Market
Luckin Coffee began to be profitable in May this year, meaning it has achieved its annual target ahead of schedule. The firm declined to comment.
8/5/20212 min read