Food Archives - Pandaily

Founder of China’s Largest Food Company in Critical Care

It is reported that Zong Qinghou's health had been deteriorating before the Chinese New Year due to lung cancer, leading to his admission to the hospital.

Low-Temperature Meat Brand Benwei Xianwu Secures Tens of Millions of Yuan in A-Round Funding

Benwei Xianwu, a Chinese brand of low-temperature meat products, has recently completed A-round financing totaling tens of millions of yuan.

Chinese Fast Food Chain Hefu-Noodle Mulls Overseas Listing

China’s Hefu-Noodle is planning to list its shares outside the country’s borders, according to Juewei Food, a stewed-snack producer whose wholly-owned subsidiary Shenzhen Wangju Investment controls 16.92% of the popular noodle restaurant chain.

Bilibili Invests in Film and Television Company, CAN BOX

Tianyancha App shows that Shanghai Bilibili Technology Co., Ltd., an affiliated company of Bilibili, has been added as a new shareholder of Shanghai CAN BOX Culture Communication Co., Ltd.

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.

Former Chairman of Luckin Coffee Charles Lu Enters Precooked Dishes Market

A-Bite Technology, founded by former chairman of Luckin Coffee Charles Lu, is incubating a new precooked dishes project called “A-Bite Workshop.”

Popular Shanghai Eatery Element Fresh Closes Shops

Not long ago, Element Fresh, a popular fresh food eatery, made the news with rumours that its bankruptcy liquidation was beginning to spread.

T11 Food Market Receives $100 Million in Financing Led by Alibaba

T11 Food Market, a Chinese fresh grocery supermarket brand, has recently received financing of $100 million led by Alibaba.

Pork Dumplings and Beef Noodles, Sans Meat? Chinese Entrepreneurs Rise to the Challenge

As dietary trends progress in China, consumers seeking to reduce their personal meat intake have more and more places to turn.

China’s Agri-food Sector Modernization Presents Investment and Learning Opportunities, Experts at Pinduoduo Food Systems Forum Say

China’s drive to modernize its agriculture and food industries presents immense opportunities, according to experts at the Pinduoduo Food Systems Forum.

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.

China VC Weekly: Food, Pharma and Baby Products

Healthy fast food brand Super Zero announced that it had completed its A round of financing in early 2020.

Chinese Food Science Startup Starfield Launches Plant-Based “Meat” Dumplings

Chinese artificial meat brand Starfield jointly launched plant-based “meat” dumplings with a food group on Thursday.

China VC Weekly: EVs, Food and China Renaissance’s New Fund

China Renaissance’s Huaxing Growth Capital raises new $600 million fund

Health Food Brand Sharkfit Completes 15M Yuan Series A Financing

Chinese health food brand Sharkfit completed A round of financing worth 15 million yuan backed by Plum Ventures, 36Kr reported.

Agricultural Technology Booms Amid Covid-19 Outbreak

Stuart Oda, CEO of Alesca Life, said that agriculture and agricultural technology have come into sharp focus from the fallout of the COVID-19 outbreak.

China VC Weekly: InsurTech, EdTech, Artificial Meat and Robots

Artificial meat company Starfield nets a $10 million series A, who currently offers nearly 20 artificial meat product titles.

Shake Shack to Open in Beijing on August 12

New York-based burger chain Shake Shack is opening its 12th outlet in China in Beijing on Aug. 12.

Ele.me Food Delivery Driver Tests Positive for COVID-19

A delivery driver of Alibaba-owned food delivery platform Ele.me tested positive for COVID-19 on Sunday, raising concerns about further spread of the disease in Beijing.

HeyTea Apologizes for Microbial Contamination, Five Rectifications Are on the Way

HeyTea issued an apology for the detection of microbial contamination in beverages sold in Nanjing stores and listed five corrective measures.

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