China's Bright Food Group Acquires Spain's Miquel
China's Bright Food Group announced in Barcelona that the group has completed its acquisition of Miquel Alimentacio, a food distributor in Spain.
Food & Beverage
Metro Reaches Exclusive Strategic Deal With Alibaba
Alibaba Group and Metro announced an exclusive strategic deal under which Metro's official flagship store will enter Tmall.com, Alibaba's B2C e-commerce platform.
Coca-Cola To Invest USD4 Billion In China Over Next Three Years
Cofco Coca-Cola, the bottling joint venture established by Cofco and Coca-Cola, has laid the foundation of its second Chinese bottling plant in Hebei.
Yum China Names New CEO
Yum! Brands, Inc. announced plans to appoint Micky Pant as new chief executive officer of its China business division.
Parkson, Eland Team To Open China's First City Lifestyle Mall In Shanghai
Parkson Retail Group and South Korea's Eland Group have established a joint venture which will open the first City Lifestyle Mall in China.
Lafayette Gourmet Opens Beijing Flagship Store
Lafayette's well-known French food supermarket Lafayette Gourmet has opened a flagship store in Beijing and marked its entry into the Chinese market.
WoWo, JMU Announce Chinese Restaurant Merger
WoWo Limited has signed a merger agreement with Join Me Group (HK) Investment Company Limited to form a restaurant and hotel Internet group named JM WOWO, which is headquartered in Hong Kong.
Ajisen Ramen's Store Sales Down 6% In China
Ajisen (China) Holdings Limited announced that during the first three months of 2015, the company's individual store sales in Hong Kong increased by 2% year-on-year; while its individual store sales in mainland China decreased by…
China's First Crowdfunded Cafe Completes First Round Financing
China's first crowdfunded cafe 3W has reportedly completed its first round financing, which was led by JD.com and participated by Dongfang Hongdao and Tsinghua Holdings.
Tingyi Will Make Ready-To-Drink Products For Starbucks In Mainland China
Starbucks and Chinese food and beverage maker Tingyi Holding Corp. announced that the two parties have signed a cooperation agreement under which Tingyi will manufacture and expand distribution of Starbucks ready-to-drink products in mainland China.