The new centre is intended to strengthen the relationship between ADM and its clients in Asia. US based ADM has opened a new research and development (R&D) centre in Shanghai, China, which the company claims will help the continued growth of the food and beverage industry in the Asia Pacific[Read More…]
China
Sino Agro Food, Inc. Reports Q2 2018 Results
First quarter gross profits totaled USD 5.4M for Q2 compared to USD 6.5M during Q2 2017 and USD 6.1M during Q1 2018. Sino Agro Food, Inc., a specialized investment company focused on protein food including seafood and cattle announces results for the quarter ending June 30, 2018. Financials Revenue from[Read More…]
Sneakz Organics Gets Organic Certification For Veggie-Infused Milk
As such and in just 22 months, Sneakz Organic was able to create a brand new category of product and add two of its ingredients to the approved list in order to receive this esteemed certification. Sneakz Organic LLC, makers of the award-winning line of vegetable-infused milkshakes, is proud to[Read More…]
Starbucks, Alibaba partner to transform the coffee industry in China
At a press conference in Shanghai, Starbucks and Alibaba Group unveiled details of a strategic partnership that will enable a seamless Starbucks Experience and transform the coffee industry in China. Collaborating across key businesses, including Ele.me, Hema, Tmall, Taobao and Alipay, Starbucks will pilot delivery services beginning September 2018, establish[Read More…]
Flamingo Bloom seeks Australian expansion
The health-conscious beverage retailer first set up just last year in Hong Kong’s Central, but has already opened a larger space in Tsim Sha Tsui, a flagship in Malaysia. Hong Kong-based fresh-brewed tea brand Flamingo Bloom has opened four stores in its first year of trading. The health-conscious beverage retailer[Read More…]
Select Harvests, PepsiCo to extend nuts biz in China
Select Harvests will be co-investing with PepsiCo China in marketing to support the launch of the Lucky brand in China. Select Harvests has entered into a trademark license and distribution agreement with PepsiCo Foods to distribute and market its Lucky branded nuts, seeds and blends into China. Select Harvests will[Read More…]
BreadTalk to set expansion in China through stake acquisition
The tripartite alliance is expected to leverage on Pindao in sourcing strategic locations in Shenzhen and Guangzhou. Singapore- BreadTalk Group-Pindao Venture (BTG-Pindao) will acquire 90% of diner Song Fa (SF). The deal will transfer the operations and managing of restaurants from Song Fa Subsidiaries Song Yu in Shenzhen and Guangzhou[Read More…]
Dairy company Beingmate appoints new general manager
Bao Xiufei joins Beingmate from the Chinese business of Dutch dairy company Royal FrieslandCampina. Chinese milk powder manufacturer Beingmate has appointed a new general manager, a move welcomed by minority shareholder Fonterra, as it aims to re-focus its business for growth. Bao Xiufei joins Beingmate from the Chinese business of[Read More…]
PwC Hong Kong signs agreement with Vitargent for food safety
Vitargent is an award-winning biotechnology company specialising in product safety testing with its pioneering fish-embryo based toxicity testing technology. Backed by 10+ institutional investors and with input from its Scientific Advisory Board comprising experts from across the globe, Vitargent’s technology is serving 50+ leading companies and organisations including governments, research[Read More…]
Grupo Bimbo increases presence in China
Bimbo has now satisfied all customary closing conditions, including receiving regulatory approval, and can press ahead with integrating Mankattan into the rest of its business. Grupo Bimbo, Mexican multinational bakery product manufacturing company, has gained a greater foothold in the Chinese market after completing the acquisition of Mankattan. A deal for[Read More…]
