The strategic partnership targets China’s booming ready-to-eat market, combining DDC’s innovative brands with Hewen’s production expertise DDC Enterprise, a leading multi-brand Asian consumer food company, announced a binding agreement to form a joint venture (JV) with Hewen Agricultural Technology Limited, a premium prepared-meal producer, to scale the delivery of ready-to-eat[Read More…]
Tag: china
China’s Luckin Coffee marks two years in Singapore
Luckin Coffee will open its doors at three new locations – Geneo, West Mall, and Compass One in April Luckin Coffee, China’s leading coffee chain, is raising its cups to an incredible milestone: two years in Singapore, with 60 stores and counting across the island. Since opening its first doors on 31 March 2023, the brand has rapidly captured[Read More…]
South Australia exports 400 tonnes of lobster to China
China’s demand for other seafood also increased in the year to January 2025, with tuna exports up 752 per cent to $9.3 million South Australia’s Southern Rock Lobster has been snapped up by Chinese consumers following the lifting of live lobster trade restrictions at the end of 2024. In the[Read More…]
Thai dried fruits gain popularity in China
Between January and October 2024, China imported more dried fruits from Thailand than from any other country, with imports valued at $125.64 million The demand for Thai dried and preserved fruits is increasing in China, creating new opportunities for export expansion and market penetration. Thai dried fruit products due to[Read More…]
Reborn Coffee and Eachome Shopping partner to expand coffee retail in China
This partnership enables Reborn Coffee to scale its retail presence by integrating with Eachome Shopping’s extensive online and offline platforms Reborn Coffee, a leader in the speciality coffee market, has partnered with Eachome Shopping, a major retail platform under Shenzhen Media Group, to expand its retail footprint across China. The[Read More…]
Nestlé acquires 40% stake in China’s confectionery manufacturer Xu Fuji
Nestlé formed a partnership with Xu Fuji in 2011, acquiring 60 per cent of Xu Fuji’s shares and providing technical and market support for the Xu Fuji brand series Nestlé China announced that it has reached an agreement with the Xu family to acquire the remaining 40 per cent stake[Read More…]
Restaurant Brands International announces plan for Burger King in China
RBI acquires partners’ equity stakes and will identify a new local operating partnertransaction shows commitment to drive long-term growth in China Restaurant Brands International announced that a subsidiary of RBI has acquired from TFI Asia Holdings BV (TFI) and Pangaea Two Acquisition Holdings XXIII, Ltd (Cartesian) all their equity interests in[Read More…]
Coca-Cola’s net revenue up by 3% to $47Bn
Global unit case volume grew 2 per cent in Q4, led by China, Brazil, and the United States, while full-year volume saw a 1 per cent increase, driven by growth in Brazil, India, and Mexico The Coca-Cola Company has reported robust financial and operational results for the fourth quarter and[Read More…]
Wellness or the Wallet? What Consumers are Saying When it Comes to Preventive Health
Christian Philippsen, Managing Director, BENEO, Asia Pacific If you were given three to four additional hours in a week, would this time be given to health or wealth? According to a recent survey[1] by a multinational insurance firm, the answer revealed a staggering 85 per cent of those in Singapore[Read More…]
Growing trend of walnut exports from India: A global perspective
According to Mordor Intelligence, the Walnut market size is anticipated to be $9.26 billion in 2025, rising to $11.77 billion by 2030 The Indian appetite for walnuts has continued to rise since COVID-19, as the country’s rapidly rising population learns about its health benefits. Traditional and modern retail shops, including[Read More…]
