Company News

Scientifically backed nutraceutical ingredients to enter Asia-Pacific marketplace

Pharmactive Enters Strategic Partnership with Nutraconnect for APAC  Pharmactive Biotech Products, S.L.U., has announced a new strategic partnership with Singapore-based Nutraconnect to bring innovative, scientifically backed nutraceutical ingredients to the Asia-Pacific marketplace (not including Australia and New Zealand). The partnership will combine the strengths of both companies into a greater whole. Pharmactive will provide its well-supported,[Read More…]

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MONDELĒZ INTERNATIONAL acquires confectionery business from Grupo Bimbo

The acquisition will double the size of Mondelēz Mexico’s business and provide an attractive entry point into the chocolate category, while expanding the company’s presence in snacking. Mondelēz International announced it has entered into an agreement with Grupo Bimbo to acquire its confectionery business, Ricolino, for approximately $1.3 billion USD.[Read More…]

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Missfresh’s continued improvements to private label fresh food brand lead to sales bulging for Q4

Yungui Xiao, who leads Missfresh’s merchandising department, shared that the company has been constantly upgrading its supply chain capabilities. Using big data analytics to extract insights on customers’ consumption habits, Missfresh’s merchandising team is able to optimize factors such as the portion size and weight of fresh food offerings. Missfresh Limited a pioneer in[Read More…]

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Foodpanda publishes inaugural Social Impact Report

As the largest food and grocery platform in Asia (outside China), foodpanda dedicated over US$35 million to support communities, help Micro-, Small and Medium-sized Enterprises (MSMEs) digitalise, train and upskill delivery riders across the region during the continued pandemic in 2021. foodpanda released its first Social Impact Report, titled pandapurpose,highlighting initiatives[Read More…]

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NEFIN Group joins hands with Mondelēz International for Sustainable Future    

The project with NEFIN in Malaysia further builds on Mondelēz International’s existing targets set in 2020, developed to contribute to combatting climate change. Carbon neutrality solutions provider, NEFIN Group announced its partnership with global snacking giant, Mondelēz International (Malaysia) to install solar panels on the roof of its manufacturing plants[Read More…]

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