Swiss food and beverage firm Nestle recently published its financial report for the third quarter of 2012, stating that during the first three quarters of 2012, the company's sales reached CHF67.6 billion, a year-on-year increase…
The electronics and home appliances retailer Media Markt has announced the opening of a Qibao store, its fourth store in Shanghai.
Coca-Cola has announced plans to invest USD4 billion in China over the next three years to further expand the Chinese market.
Chinese home appliances and electronics retailer Gome has signed a strategic cooperation agreement with Tesco Property in Beijing, and the Chinese retailer and its home appliances products will fully enter Tesco Property's Lifespace shopping centers.
Nestle has signed an agreement with the founding family of Hsu Fu Chi International to acquire a 60% in the Chinese food company for USD1.7 billion.
South Korean fast moving consumer goods giant Lock&Lock has revealed that it plans to launch a new research and development center in China in 2011 and to develop 1,000 new products every year to meet…
Lorna Davis, chairman and president for Kraft Foods China, said that the company plans to enhance the distribution of its Cadbury products in China and will increase the number of its distribution sites to about…
U.S.-based H.J. Heinz Company has completed its acquisition of Guangzhou-based Foodstar, a manufacturer of premium branded soy sauces and fermented bean curd.
News from Procter & Gamble is that Daniela Riccardi, its president for Greater China, will leave the company and will be replaced by Shannan Stevenson, the current vice president for P&G's Western Europe Laundry division.
Fast-moving-consumer-goods company Fujian Hengan Holding Company has has signed a software license contract for with eFuture Information Technology for a Visual Distributor Resources Planning solution based on eFuture One E-Channel.