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MissFresh Announces Temporary Shutdown of Its On-Demand Service Under considerable financial strain, MissFresh has temporarily shut down its on-demand service. The company’s share price has plunged by 65% over the last week. |
August 02, 2022 Roy G |
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China Fresh Fruit Prices Up Nearly 20% as Producers Affected by Rising Costs In the first week of July, the average price of a basket of six fresh fruit items in China was up 19.7% compared with last year. |
July 31, 2022 Produce Report |
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High Temperatures in Shaanxi Spell Disaster for Kiwifruit Production Scorching temperatures and dry weather patterns across Shaanxi province spell disaster for kiwifruit yields. |
July 28, 2022 Roy G |
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Chilean Kiwifruit Exports Down 12% This Season Chilean kiwifruit exports are currently down 12% compared with last year, while production for the season is forecast to be 10% lower. |
July 27, 2022 Andrew D |
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Shangri-La Matsutake Mushroom Season Arrives With Prices Exceeding $700 per Kilogram The matsutake mushroom season in Shangri-La County has arrived with high prices, despite challenges from overharvesting. |
July 26, 2022 Produce Report |
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COVID-19 Headwinds Lead Freshippo To Cut Valuation Chinese supermarket chain Freshippo has cut its fundraising valuation from $10 billion to $6 billion, driven by COVID-19 restrictions such as the recent Shanghai lockdown. |
July 25, 2022 Produce Report |
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2021/22 South African Table Grape Season Concludes With Intakes Up South African table grape production increased by 4% in the 2021/22 season, reaching 349,650 metric tons. |
July 24, 2022 Produce Report |
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Pagoda and Hortgro Stage Apple Tasting in Guangzhou South African apples have proved a hit with customers at China’s largest chain of fruit shops. |
July 21, 2022 Produce Report |
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World Bank: Cambodian Ag Exports Face Headwinds, Fresh Produce to China a Bright Spot A recent World Bank report predicts that Cambodian agricultural exports to China will continue to increase under the new Cambodia–China FTA, despite some challenges. |
July 20, 2022 Produce Report |
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MissFresh Announces 200 Million Yuan in Equity Financing Not long after MissFresh ceased its operations in nine cities owing to financial issues, the company has secured equity funding from the Shanxi Donghui Group. |
July 19, 2022 Roy G |