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COVID-19 Headwinds Lead Freshippo To Cut ValuationChinese 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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Pagoda and Hortgro Stage Apple Tasting in GuangzhouSouth 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 SpotA 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 FinancingNot 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 |
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USHBC Warms Up China Market With Blueberry WebinarThe U.S. Highbush Blueberry Council recently held a pre-season webinar to introduce Chinese fruit industry representatives to U.S. blueberries. |
July 17, 2022 Produce Report |
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After Posting Record Losses, MissFresh Ceases Operations in 9 CitiesWith net losses of over $1.5 billion in the past four years, MissFresh has now closed its operations in nine cities. |
July 14, 2022 Roy G |
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Protocols Signed, Vietnamese Durians One Step Closer to China MarketBilateral phytosanitary protocols have now been signed for the import of fresh Vietnamese durians into China. |
July 14, 2022 Produce Report |
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Dali Winter Jujubes Hit Market in Summer, Fetching High PricesCultivation in greenhouses and polytunnels has allowed Dali winter jujubes to hit international markets in summer, fetching high prices. |
July 13, 2022 Roy G |
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Fresh Yunnan Blueberries Now Available All Year RoundAdvances in cultivation techniques have led to the achievement of year-round blueberry production in Yunnan province. |
July 11, 2022 Roy G |
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Chile Wraps Up Successful Table Grape Campaign With New Varieties on the WayWith the 2021/22 Chilean table grape promotional campaign in China now complete, growers in Chile have many new varieties in the pipeline. |
July 10, 2022 Produce Report |