Food and Beverages

Yili Group records H1 sales revenue of 56.51b yuan

HOHHOT, China, Sept. 1, 2021 /PRNewswire/ -- Inner Mongolia Yili Industrial Group Co., Ltd., one ofChina's dairy industry giants based in Hohhot, the capital city ofNorth China's Inner Mongolia autonomous region, reported an operating income of56.51 billion yuan ($8.74 billion) in the first six m...

2021-09-01 17:57 2046

Eviosys Launches As A New Company To Deliver Smart, Sustainable Packaging Solutions

New company formed as KPS Capital Partners completes its acquisition of Crown Holdings Inc.'s EMEA food and consumer packaging business. -- Global packaging firm Eviosys has been formed to deliver smart, sustainable packaging solutions for its customers. -- The new brand name Eviosys deriv...

2021-09-01 06:01 4905

Missfresh Releases Second Quarter 2021 Financial Results and Appoints Ex-Goldman Sachs Executive Director Xi Chen as Co-CFO

BEIJING, Aug. 30, 2021 /PRNewswire/ -- Missfresh (NASDAQ: MF) ("Missfresh" or the "Company"), an innovative leader inChina's neighborhood retail industry, announced onAugust 26th at 6:00 pm ET its financial results for the quarter endedJune 30, 2021. Missfresh saw strong growth in the second qua...

2021-08-30 22:27 5135

Miss HK Lisa-Marie Tse Vetted Hong Kong Food Tech Startup Allklear Wraps HK$10M Series Pre-A Funding, Now Valued at almost $100M, Leading New Trends of Healthy Living

HONG KONG, Aug. 30, 2021 /PRNewswire/ -- A Hong Kong food tech startup combining nature and technology, Allklear, has completed Series Pre-A funding, raisingHK$10M from lead investor Gobi Partners, private investor Miss Hong Kong 2020 Lisa-Marie Tse, and co-investors—Chartwell Ventures Limited, V...

2021-08-30 11:53 9032

Over 68% of Farmers in SE Asia's Biggest Crop-Producing Countries Claim Climate Change as Key Challenge

SINGAPORE, Aug. 30, 2021 /PRNewswire/ -- A finding officially released today highlights a key challenge with regional food production – chiefly that a significant number of growers inSoutheast Asia's largest agricultural-producing countries areconcerned with the impact of climate change (68.5%). ...

2021-08-30 11:30 3582

The Indonesian Ministry of Tourism and Creative Economy Announces the First Virtual Aceh's Culinary Festival

BANDA ACEH, Indonesia, Aug. 27, 2021 /PRNewswire/ -- The Indonesian Ministry of Tourism and Creative Economy unveiled today its first-ever virtual Aceh Culinary Festival (ACF). The event is held online on theAceh Food Apps, from August 27-29, 2021.

2021-08-27 21:40 5570

Catch The First Virtual Eating Competition In Malaysia, The Bigo x Merdeka Eating Competition, On Bigo Live

KUALA LUMPUR, Malaysia, Aug 27, 2021 /PRNewswire/ -- Bigo Live , the global leader in live streaming content, is celebrating Hari Merdeka with the launch of "Bigo x Merdeka Eating Competition", the nation's first online eating competition. Featuring 100 of Bigo Live's broad...

2021-08-27 16:43 3975

Yili Ranks the 5th in Rabobank's Global Dairy Report

HOHHOT, China, Aug. 27, 2021 /PRNewswire/ -- Inner Mongolia Yili Industrial Group Co. Ltd. (also known as Yili) ranked among the top five dairy producers worldwide in the Rabobank 2021 Global Top 20 Dairy Report released onAug. 25, setting a new record for Asian dairy companies.

2021-08-27 11:27 2511

Yili Group Remains Among Top Five in Rabobank 2021 Global Dairy Top 20 Report

HOHHOT, China, Aug. 26, 2021 /PRNewswire/ -- On August 25th, 2021, Rabobank of the Netherlands released its annual Global Dairy Top 20 Report. Dairy giant Yili Group once again clinched the fifth spot following the previous year, remaining leader ofAsia for the eighth consecutive year as the only...

2021-08-26 14:52 5006

CNN's 'Inventing Tomorrow' meets the innovators working to transform the world's food systems

HONG KONG, Aug. 26, 2021 /PRNewswire/ -- In the season two premiere of CNN's ' Inventing Tomorrow ', anchor and correspondent Kristie Lu Stout  spotlights the pioneering businesses se...

2021-08-26 11:34 4885

Comvita Announces Strong Earnings Improvement

Headlines * Reported NPAT $9.5M vs. ($9.7M) in PCP * Reported EBITDA* $25.5M, + $21.3M vs. June 2020 or +511% - Double-digit top and bottom-line growth in focus growth markets, China, and USA - Double digit top and bottom-line growth in Mānuka product category - Double digit top and bottom-li...

2021-08-26 09:23 5314

Missfresh's Sales on JD.com's Platforms Up by 389% Since Commencing Collaboration in April

BEIJING, Aug. 25, 2021 /PRNewswire/ -- Missfresh Limited (NASDAQ: MF), a leader in China's neighborhood retail industry, has seen a 389% increase in its sales on JD.com and JD-Daojia (JDDJ) since commencing its collaboration with JDDJ in April this year. Currently, app...

2021-08-25 21:00 5409

Ace Global Business Acquisition Limited Announces Merger Agreement with DDC Enterprise Limited

* DDC is a digital publisher and merchandiser company running the brand DayDayCook, which is currently one of the leading content-driven lifestyle brands for young food lovers in Asian markets. * DDC has launched ready-to-heat (RTH), ready-to-cook (RTC) and plant-based food products, which br...

2021-08-25 20:30 5675

Angel Yeast Announces Acquisition of Bio Sunkeen's Yeast Relevant Assets

YICHANG, China, Aug. 25, 2021 /PRNewswire/ -- Angel Yeast Co., Ltd ("Angel Yeast ")(en.angelyeast.com ), a listed high-tech yeast company inChina, has recently announced it has established a joint venture company to investRMB 100 million ($15.4 million) to acquire Sha...

2021-08-25 19:35 5210

Moolec Science and Grupo Insud Launch Food-Tech Joint Venture

WARWICK, England, Aug. 25, 2021 /PRNewswire/ -- Moolec, a science-based ingredients company using plants to produce animal proteins, andGrupo Insud, a global conglomerate with a strong presence in the manufacturing of biosimilars and other active ingredients for the pharmaceutical industry, annou...

2021-08-25 18:00 1877

Innovative Operation Method for a Hong Kong Pig Farm: Hong Kong Heritage Pork founder John Lau Hon Kit has implemented a self-breeding, self-raising, and self-sale technique

HONG KONG, Aug. 24, 2021 /PRNewswire/ -- Hong Kong Heritage Pork is a leading supplier of pork and has always prided itself on letting everyone inHong Kong indulge in fresh, delicious and safe local pork of the highest quality for every meal. To accomplish and maintain this goal,John Lau Hon Kit,...

2021-08-24 12:00 3324

abillion, the world's leading digital platform for sustainability, publishes second report on Singapore identifying plant-based trends in the local F&B sector

SINGAPORE, Aug. 24, 2021 /PRNewswire/ -- abillion, the Singapore-based tech company that is building the world's largest online community of conscious consumers, has published a report, with support from Enterprise Singapore, titled,Singapore Food Culture: The Road Ahead is Plant-Based. This stu...

2021-08-24 10:15 3287

Cargill to acquire Aalst, leading Asian chocolate supplier

Investment expands Cargill's Asia-Pacific cocoa & chocolate offerings in a move to better serve industrial and foodservice customers. SINGAPORE, Aug. 24, 2021 /PRNewswire/ -- Responding to an Asian marketplace sweet on chocolate products,Cargill has entered into an agreement to acquire Aalst Cho...

2021-08-24 07:45 2494

Cargill to acquire Aalst, leading Asian chocolate supplier

Investment expands Cargill's Asia-Pacific cocoa & chocolate offerings in a move to better serve industrial and foodservice customers. SINGAPORE, Aug. 24, 2021 /PRNewswire/ -- Responding to an Asian marketplace sweet on chocolate products,Cargill has entered into an agreement to acquire Aalst Cho...

2021-08-24 07:45 3573

Harvest to bring significant quality challenges for feed, says EW Nutrition

VISBEK, Germany, Aug. 24, 2021 /PRNewswire/ -- Bad news for feed producers: after supply chain disruptions and raw material unavailability, now weather-related challenges inEurope will most likely affect this year's crop quantity and quality. Cold temperatures, heatwaves, tornados, and hailstorms...

2021-08-24 03:59 2015
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