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Goodfarmer IPO Could Raise RMB 1.1 BillionGoodfarmer, one of China’s leading importers and distributors of fresh fruit, has passed a key regulatory hurdle as it plans an IPO of A shares on the Shanghai Stock Exchange. |
July 23, 2019 Dan Siekman |
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OECD-FAO Report: Big Potential for Latin American Fruit and Vegetable ExportsOver the next decade there will be, “strong growth opportunities in high value fruit and vegetable crops provide opportunities for smallholders” in the region, amidst rising demand from export markets and shifting consumption within the region away from staples and toward meat, fruits and vegetables. |
July 16, 2019 Dan Siekman |
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Walmart Plans to Invest $1.2b in China Supply Chain LogisticsWalmart announced on July 1 that it intended to invest RMB 8 billion ($1.2 billion) in its supply chain logistics in China, including ”building or upgrading more than 10 logistics distribution centers” here over the coming 10- to 20-year period. |
July 09, 2019 Dan Siekman |
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In First Ever Store Closing, YH Super Species Shutters Shanghai Wujiaochang BranchOn July 4, Super Species marked an inevitable but inglorious new milestone: the first closing of one of its stores. The Super Species Shanghai Wujiaochang store had originally opened in November of 2017. |
July 07, 2019 Dan Siekman |
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Garlic Prices in China RecoveringLarge quantities of fresh garlic have started to appear on the Chinese market, despite the total planting area in China being at its lowest point since 2015. |
June 25, 2019 poqmars |
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Suning Announces RMB 4.8b Deal for 80% Stake in Carrefour ChinaNanjing, China-based retailer Suning.com announced on June 23 that it intends to purchase an 80% stake in French hypermarket retailer Carrefour’s China operations for a sum of RMB 4.8 billion ($698 million). Carrefour will retain the remaining 20% share. |
June 25, 2019 Dan Siekman |
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Miss Fresh and Tencent Aim High with Strategic PartnershipThe two companies prepare to launch their “Smart and Fresh 100 Billion Plan” |
June 24, 2019 Tim |
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Sam’s Club Soon to Have Eight Stores in BeijingSam’s Club expects to operate 40 stores in China by 2020 |
June 18, 2019 Tim |
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Global Retailers Aldi and Costco Test the Waters in China with New OutletsAldi recently celebrated the opening of two outlets in Shanghai, while Costco has announced it will complete its first mainland store by August. |
June 17, 2019 Dan Siekman |
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[Press Release] Taiwan Smart Agriweek 2019: Join Hands with Taiwan’s Agricultural Industry to Build the Top Procurement Platform in the Asia-Pacific RegionTaiwan Smart Agriweek to be held on September 26–28 at the Kaohsiung Exhibition Center |
June 17, 2019 Andrew |