The sale of the JV farms is unconditional and requires no further regulatory approvals New Zealand-based Fonterra has agreed to the sale of its two joint venture farms in China. The farms in Shandong province will be sold to Singapore-based AustAsia Investment Holdings for $115.5 million. Fonterra, which owns the[Read More…]
China
LIVEKINDLY Collective launches plant-based flagship brands in china
The two new brands cover a portfolio of seven innovative plant-based products based on beloved Chinese dishes. LIVEKINDLY Collective, a collection of brands on track to become one of the world’s largest plant-based food companies, announced its launch in China with two new flagship brands, Giggling Pig and Happy Chicken.[Read More…]
Study reveals Yili ranked as the China’s most chosen FMCG brand
Reaching over 90% of Households for Six Consecutive Years Kantar Worldpanel released the Asia Brand Footprint Report 2021, a leading study that reveals the brands most favored and purchased by consumers in Asia. This year, Yili, with a brand penetration ratio of 92.2% and consumer reach points (CRPs) approaching 1.3[Read More…]
China’s dairy giant expands in Europe for innovation ecosystem of agri-foodtech
Yili will enhance collaborations across Europe to work on the challenges faced in the food and agricultural sectors to deliver healthy solutions to consumers. Yili, Asia’s largest and fast-growing dairy company, is officially partnering with the agri-foodtech accelerator StartLife in the Netherlands. Yili is also joining the Open Innovation Forum, an industry network[Read More…]
China’s leading dairy operator completes a HKD5 billion listing
Youran’s IPO offering size totaled approximately HKD5.0 billion giving Youran a total market value of HKD26.5 billion (US$3.4 billion) upon listing in hong kong China Youran Dairy Group Limited, China’s largest integrated upstream dairy player by revenue, debuted on the Hong Kong Stock Exchange on Friday, June 18, 2021. Youran’s IPO offering size[Read More…]
China Based Wacaco Company is bringing Picopresso for coffee lovers
The Picopresso coffee machine features a naked portafilter, so users will see delicious creamy espresso flowing directly Worldwide leader in portable espresso makers, Wacaco Company Ltd, is bringing their most compact and pro-oriented portable espresso machine to market. The Picopresso is a high-end manual espresso machine based on Wacaco’s patented[Read More…]
Dragon Boat Festival in china Opened Grandly
The main stage of the opening ceremony of this event was built in the rice field and interact with fun competitions in tasting of the rice food area Dragon Boat in Muddy Land and Dumplings in North Shenyang New District ” — the festival with the theme of “Xibe Folk[Read More…]
FFA 2021 award recognises five startups for innovation in food tech
The theme for this year’s Future Food Asia (FFA) conference was ‘Agrifoodtech 2.0’ The Future Food Asia (FFA) conference was recently held in Singapore where five startups were recognised for their contribution to food technology, nutrition etc. The theme for this year’s conference was ‘Agrifoodtech 2.0’, a celebratory sign as[Read More…]
Chairperson of Harvest Capital Alan Song on successful entrepreneurs
Eastroc Beverage recently marked a major milestone and entered a new and exciting chapter with its successful initial public offering. Eastroc Beverage (Group) Co., Ltd., a China-based company principally engaged in the R&D, production and sales of beverages, recently marked a major milestone and entered a new and exciting chapter with[Read More…]
Angel Yeast introduced innovative technologies for food industries at FIC 2021
Angel Yeast attended the exhibition, showcasing a series of innovative achievements to global customers that representing the new trends of industry development. The 24th Food Ingredients China (FIC) was held in Shanghai National Convention and Exhibition Center from June 8 to 10. Seven business units of Angel Yeast attended the[Read More…]
