Meituan is transforming how Chinese people eat and how local merchants operate their daily business Meituan Dianping, China’s leading e-commerce platform for services, will make its CES debut and showcase its innovative autonomous delivery technologies at CES 2019, which will be held in Las Vegas from January 8 to 11, 2019. Meituan is transforming[Read More…]
China
The Coca-Cola enters in coffee biz by acquiring Costa
Coca-Cola adds Global coffee platform with potential for future growth and expansion The Coca-Cola Company announced that it has completed the acquisition of Costa Limited from Whitbread PLC. The $4.9 billion transaction follows approval from regulatory authorities in the European Union and China. The acquisition was first announced on Aug. 31, 2018.[Read More…]
Sino Agro Food’s second Aquafarm wins Dragon Head Enterprise Status
Dragon Head Enterprise is a prestigious and increasingly uncommon stature awarded on the basis of size, financial performance, products, competitiveness, and influence on societal benefits and positive upstream and downstream industries Sino Agro Food, Inc., is an agricultural technology company focused on high protein food including seafood and cattle. Built[Read More…]
Dalmore wins ’Distiller of the Year in China’ award
The peer-nominated award recognises the quality and reputation of The Dalmore in China amongst distributors, wholesalers and industry experts, and highlights the distillery as one of the market’s leading single malt whisky brands Renowned premium whiskey maker The Dalmore has received the much coveted ’Distiller of the Year in China’ award[Read More…]
Yum China promotes sustainable local agriculture
As a milestone for the Grow Local Yunnan truffle project, Yum China issued one of the first scientific training manuals on sustainable truffle farming in Yunnan Yum China Holdings, Inc. announced it has completed the inaugural project of its Grow Local Initiative which leverages the Company’s expertise in supply chain[Read More…]
Nestlé signs pact with Chinese Agriculture University
The Nestlé Coffee Center and the university signed a memorandum of understanding, which will see both organisations use their combined expertise to cultivate preferred coffee tree varieties in the province Global food giant Nestle’s coffee center and Yunnan Agricultural University signed a memorandum of understanding to improve coffee plants in[Read More…]
Ball to sell Chinese beverage packaging plants for $225M
As part of the transaction, Ball also will license its beverage can and end technology to ORG in China. Ball Corporation has announced an agreement to sell its metal beverage packaging facilities in China to ORG Technology Co. Ltd., a leading Chinese metal packaging company, for approximately $225 million total[Read More…]
CFDF to bring International foods to Chinese market
It is estimated that there will be more than 4,000 enterprises from over 40 countries and regions, and more than 400,000 professional purchasers and relevant people will attend the China Food and Drinks Fair(CFDF) China Food and Drinks Fair (CFDF) have been held for more than 60 years, and in 2019,[Read More…]
Study shows quality is king in China’s infant formula market
The survey shows that many Chinese parents are prepared to shop around to find high-quality products Chinese parents care much more about the quality and nutritional value of infant formula than its price, new research by Advanced Lipids has shown. China accounts for almost half of all infant formula sales[Read More…]
Yili in China acquires Thai ice cream maker Chomthana
Acquiring Chomthana is an important measure for Yili to gather global energy and deepen mutual benefit. Yili Group held a grand signing ceremony in Bangkok, Thailand recently to officially buy Chomthana, which is the largest domestic ice cream company in Thailand. Acquiring Chomthana is an important measure for Yili to[Read More…]
