Heytea To Open Third Store In Singapore
Chinese tea drink brand Heytea will open a new store in Singapore's Westgate Mall on September 7, 2019, which is the brand's third store in Singapore.
Food & Beverage
Guxiaojiu To Build Digital Alcohol Factory In Yibin With CNY300 Million
Chinese alcohol maker Guxiaojiu and the government of Jiang'an, Yibin jointly announced that Guxiaojiu will build an alcohol factory in Yibin, which will have an annual output of up to 50,000 tons.
Suning's First Coffee Shop Started Trial Operation
Suning Xiaodian's first coffee shop recently started trial operation in Nanjing, providing 27 kinds of drinks of five major categories.
Luckin Coffee, LDC Reached Strategic Cooperation
Chinese coffee chain Luckin Coffee and Louis Dreyfus Company recently signed a strategic cooperation agreement to establish a joint venture to develop juice joint brand business in China.
Master Kong Net Profit Up 15% In H1 2019
Food and beverage manufacturer Master Kong recently published its results for the first half of 2019, stating that the company's operating revenue reached CNY30.495 billion, a year-on-year decrease of 1.62%; and its net profit was…
Yili Completed Acquisition Of Westland
Chinese dairy company Yili published an announcement, stating that its wholly-owned subsidiary completed acquisition and delivery of the entire stake in New Zealand dairy giant Westland Co-operative Dairy Company Limited.
Luckin Coffee To Set Up JV For Middle East, India Expansion
Chinese coffee chain Luckin Coffee announced the signing of a strategic cooperation framework agreement with Americana Group, the largest food manufacturing and sales company in the Middle East, and the two parties plan to establish…
Qiaqia Food Built Factory In Thailand With About CNY500 Million
China's Qiaqia Food announced that its new factory in Thailand, in which the company invested about CNY500 million, has recently been put into production.
Haidilao Opens First European Flagship Restaurant In London
Chinese well-known hotpot brand Haidilao recently opened its first restaurant in London.
Want Want Acquires Egg Business
Want Want China Holdings Limited recently published an announcement, stating that the company's direct wholly-owned subsidiary Want Want Hong Kong Holdings Limited will invest CNY50 million to acquire the entire stake of San Want Holdings…