China Food

The location of blue bottle coffee’s first store in mainland China was determined. Rosen launched the headquarters project in Dawan district. Guangming dairy’s acquisition of Qinghai Xiaoxi cattle was approved. Master Kang signed a 100 million high-end conservation spring project, reaching a revenue of 1.7 billion in the previous quarter


Hot company information and announcement

 


Site selection of the first store of blue bottle coffee in mainland China


According to the industrial and commercial data, on November 5, the Shanghai Chang’an Road store of blue bottle coffee (China) Co., Ltd. was established with its business place at 908 Chang’an Road, Jing’an District. The licensed project: catering service; Liquor business; Food sales. Snack generation once introduced that blue bottle coffee (China) Co., Ltd. was established in mid August this year. (snack generation)

Guangming dairy’s acquisition of Qinghai Xiaoxi cattle was approved

Today, the case of Guangming Dairy Co., Ltd. acquiring the equity of Qinghai xiaoxiniu biological Dairy Co., Ltd. has been unconditionally approved. (antitrust bureau)

Signing of Master Kang’s high-end conservation spring project


Recently, the 2021 World Manufacturing Conference opened in Hefei Binhu International Convention and Exhibition Center. The signing of key projects was held at the opening ceremony. Wang Xinhua, member of the Standing Committee of Shexian county Party committee and Secretary of the Party Working Committee of Shexian County Economic Development Zone, and Su Lirong, representative of Taiwan enterprise Huangshan Kangshifu (Anhui) beverage Co., Ltd., signed the investment agreement of high-end conservation spring project. The investment of the project is 100 million yuan. (Yixian science, technology, commerce, economy and Information Technology Bureau)

 

Rosen, a Japanese convenience store brand, invested in the headquarters project in Guangdong, Hong Kong, Macao and Dawan district


According to the Guangzhou Municipal Bureau of Commerce today, Rosen, one of the three major convenience store brands in Japan, has started the investment and layout of the headquarters project in Guangdong, Hong Kong, Macao and Dawan District in Guangzhou. (Securities Times)

Kaile Dawan district expands store network and speeds up

Cafe de Coral, a catering chain in Hong Kong, said today that it will accelerate the expansion of its store network in Dawan district. It is expected that 27 stores will be opened in South China in the next few months and 8 stores in fast food catering in Hong Kong. (Hong Kong Economic Daily)

 

Dada group: Q3 revenue of 1.7 billion yuan


Dada group, a local real-time retail and real-time distribution platform, issued an unaudited financial report for the third quarter ended September 30. Dada group’s revenue in the third quarter was 1.7 billion yuan, an increase of 86% year-on-year under comparable standards. In the 12 months ended September 30, 2021, the total transaction volume (Gmv) of JD home platform was 37.2 billion yuan, with an annual active consumer of 57.1 million. (36 krypton)

Shuanghui group applies for the original universe trademark


Yesterday, tianyancha app showed that Henan Shuanghui Investment Development Co., Ltd. applied for the registration of the “original universe” trademark. The international classification involves fitness equipment and food. At present, the trademark status is under application. (Beijing business daily)

The new round of financing of impossible foods raised nearly $500 million


Yesterday, impossible foods raised nearly $500 million in a round of financing led by existing shareholder mirae Asset Global Investments, highlighting the surge in investor interest in the fast-growing plant-based meat manufacturer. Since its establishment in 2011, impossible foods has raised more than US $2 billion. The latest round of financing makes it the most fully funded and highest valued plant-based Hamburg start-up company in the United States, comparable to beyond meat. (Reuters)

 

Compass group’s profit increased due to new business demand


Yesterday, the British food service company compass group announced the resumption of dividend distribution. It is expected that the basic profit margin in fiscal 2022 will exceed 6%, and reported that the annual profit was better than expected because it benefited from the reopening of the economy and the victory of record new business. (Reuters)

 

Randles’s acquisition of kraft Heinz cheese business was approved by the U.S. Department of justice


Yesterday, the U.S. Department of Justice approved the French dairy company lantris group to acquire some cheese businesses of kraft Heinz in the United States, but Kraft Heinz must first complete the divestiture of athenos and polly-o businesses. (Food Business)

 

American plant-based meat company sundial foods raised $4 million in seed funds


Yesterday, American plant-based meat company sundial foods raised US $4 million in seed round financing for its fully cut pure chicken wings. The company will use the money to expand its team and start production at the Rutgers food innovation center in Bridgetown, New Jersey. Seed round financing involves Nestle, food labs and other companies. According to sundial, its wings contain more fiber, less saturated fat and almost the same protein content as chicken. (Foodbev)

 


Quick reading of food industry information

   


Shaanxi Tongguan rougamo Association sued hundreds of snack bars


Recently, the merchants of dozens of snack bars in Henan asked for help and said that the rougamo they sold was sued by the Shaanxi “Tongguan rougamo Association” for carrying the word “Tongguan”, asking them to compensate 30000 to 50000 yuan. If they want to continue to use the “Tongguan rougamo” trademark, they need to pay 99800 yuan. Merchants said that there are hundreds of snack bars across the country with similar experience. In this regard, the association responded that the prosecution is fully represented by lawyers, and the association is not clear. However, “this time it is for the protection of rights across the country, hoping that everyone can join the Association for unified management.” (surging, interface)

 

Consumption upgrading demand drives the sales growth of minority oils


According to the data of Kaidu consumer index, within one year (52 weeks as of August 13, 2021), the average number of oils purchased by each family will exceed 3. Over the past year, the sales of minority oils such as walnut oil and camellia oil increased by 6%, reducing the consumption of mainstream oils (sales decreased by 4%). Compared with the stock market competition of mainstream oils, minority oils are full of potential. (Kaidu consumer index)

Cross border e-commerce import and export increased by 19.5% in the first October

Today, Li Xingqian, director of the foreign trade department of the Ministry of Commerce, said that during the 13th Five Year Plan period, China’s cross-border e-commerce comprehensive test zones increased to 105, enterprises in the zone built more than 1800 overseas warehouses, and the pilot scope of cross-border e-commerce retail import was expanded to 86 cities and the whole island of Hainan. The scale of cross-border e-commerce import and export increased by 9 times, and the scale of market procurement trade export increased by 3 times. Since the beginning of this year, new business formats are achieving new growth, and the number of overseas warehouses has exceeded 2000. From January to October this year, the import and export of cross-border e-commerce increased by 19.5%. (Zhongxin Jingwei)

Ministry of industry and information technology: take transitional administrative guidance for Tencent

CCTV reporter from the head office learned from the Ministry of industry and information technology that since this year, in the special rectification of APP infringement on users’ rights and interests carried out by the Ministry of industry and information technology, there have been violations of Tencent’s 9 products, and a total of 4 batches have been publicly notified, violating the relevant requirements of rectifying the conduct of the information and communication industry in 2021. According to the relevant deployment, the Ministry of industry and information technology has taken transitional administrative guidance measures for Tencent. It is required that new app products to be released and updated versions of existing app products shall be subject to technical testing organized by the Ministry of industry and information technology before they are put on the shelves, and they shall be put on the shelves normally after passing the testing. (CCTV news client)

Tencent: user use is not affected

Tencent said on the afternoon of November 24 that the company is continuously upgrading various measures for app to protect users’ rights and interests, and cooperating with the regulatory authorities to carry out normal compliance testing. During this period, users can normally download and use the existing version of app. After testing, at present, Tencent app downloads normally in the official and app stores, and there is no off shelf situation, and users’ use is not affected. (CCTV news client)


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