Adisseo and Calysta’s Joint Venture to build world’s first commercial-scale single-cell protein production facility in China
CHINA – Calysseo, an alternative protein joint venture between worldwide animal nutrition leader Adisseo and…
China
Chinese KFC and Pizza Hut targets to reduce 8,000 tons of non-biodegradable plastics annually in new sustainability drive
CHINA – Yum China – the operator of fast food chains including KFC in mainland…
China to boost corn production amid spike in demand and drop in national reserves
CHINA — Chinese authorities have revealed that the nation will be keen on increasing its…
Canadian frozen food company McCain invests US$200m in development of new potato plant in China
CHINA – Canadian-based and world’s largest manufacturer of frozen potato products, McCain Foods is planning…
China Mengniu Dairy acquires additional stake in Shanghai Milkground
CHINA – China Mengniu Dairy, through its subsidiary Inner Mongolia, has agreed to increase its…
New functional milk enhancing mobility during ageing launched by Nestlé
CHINA – Swiss manufacturing conglomerate, Nestlé has launched Yiyang Active Milk- a functional milk product…
Chinese e-commerce giant JD.com invests US$700m in online grocery platform Xingsheng
CHINA – Chinese ecommerce giant JD.com is investing US$700 million in acquisition of additional stake…
Yonghui Fresh Food raises US$153m in round backed by Chinese tech giant Tencent
CHINA – Yonghui Fresh Food, a produce-based B2B subsidiary of leading Chinese supermarket group Yonghui…
Cultivated meat start-up, Avant Meats raises US$3.1m to commercialize operations
HONG KONG – Avant Meats, a Hong-Kong based cultivated meat start-up, has raised US$3.1 million…
Amstel celebrates 150-year anniversary with expansion to China
NETHERLANDS – Popular Dutch beer, Amstel is celebrating 150 years of existence this year with…
Alibaba, Jeneration Capital lead US$196m series C funding for Chinese food produce platform Nice Tuan
CHINA – Chinese multinational technology company Alibaba, and Hong-Kong based investment company Jeneration Capital have…
Chinese diaspora focused food and grocery delivery app HungryPanda raises US$70m in series C funding
UK – HungryPanda, a UK-based online delivery platform specifically targeting Chinese consumers outside of China…
Australian wine industry targeted by China in diplomatic spat, slapped with tariffs of up to 200%
CHINA – A cloud of anxiety has covered the skies of Australia’s wine industry after…
Food Wise to reclaim Yinlu peanut milk and canned rice porridge business from Nestlé
CHINA – Food Wise is set to acquire the peanut milk and canned rice porridge…
Coffee equipment company Rhea Vendors Group inaugurates first branch in Asia
ASIA – Leading manufacturer and supplier of coffee machines Rhea Vendors Group has announced that…
McDonalds unveils new US$382m investment plan to tap into growing Chinese coffee market
CHINA – American fast food company, McDonalds is planning to invest over US$380 million in…
China takes fight against Covid-19 to frozen foods, enhances testing and slams breaks on imports
CHINA – In China where the first cases of Corona Virus were reported back in…
Alibaba, food delivery platforms on the spot as China drafts new anti-monopoly rules
CHINA – World’s second largest market China has drafted new rules aimed at preventing monopolistic…
Ecommerce company Alibaba acquires controlling stake in Sun Art Retail Group
CHINA – Alibaba, an ecommerce giant, has agreed to acquire a controlling stake in Chinese…
Fonterra set to sell its farms in China to local companies for US$369m to reduce debt
CHINA – Fonterra has agreed to offload its farms in China to a series of…
China suspends import from USA’s OK Foods poultry plant due to corona virus cases reports
CHINA – China, the world’s top meat importer, has suspended imports from an OK Foods…
Asia bans imports of pork from Germany over fears of African swine fever
GERMANY – Germany’s pork producers have been cut off from key Asian markets after a…
China emerges as potential key market for Kenya’s black tea
KENYA – Kenya is working on reducing the huge trade deficit with China by securing…
China tops with 8.733 million metric tons in grain purchase as marketing year officially starts
CHINA – China becomes the largest buyer of corn and sorghum from USA after it…