Functional drink brand Celsius, which previously gained investment from the Hong Kong tycoon Li Ka-shing, announced that the company will cooperate with Qifeng Food Technology (Beijing), an e-commerce agency, to enter the Chinese market.
Starbucks and Chinese food and beverage maker Tingyi Holding Corp. announced that the two parties have signed a cooperation agreement under which Tingyi will manufacture and expand distribution of Starbucks ready-to-drink products in mainland China.
The board of directors of Guangzhou Pharmaceutical Holdings Limited has approved Wanglaoji, its herbal tea subsidiary, to build a new factory in Ya'an, Sichuan, with an investment of CNY298 million.
Chinese fruit and vegetable juice maker Huiyuan published its annual report for 2012, stating that its net profit decreased by 94.8% to CNY16.16 million during the reporting period.
Lin Shengzhi, CEO of Shanghai Chamate Company Ltd., has revealed that Chamate plans to open another 30 retail tea dining outlets in 2011 and the central China and west China will be the next key…
Sugary drinks for the Chinese populace were on the menu last week for Muhtar Kent, chairman and CEO of The Coca-Cola Company, as he announced three new bottling plants in Hohhot, Luohe and Sanshui, respectively.
Japanese beer manufacturer Asahi Breweries has announced that it plans to become one of the world's top ten food companies, through acquisition and by expanding its business in China.
Tingyi (Cayman Islands) Holding Corporation, which owns the Master Kong brand, has published its financial results for the third quarter of 2009 stating that its net profit increased by 60%, a record-high growth for an…
Hangzhou based Chinese beverage company Wahaha has published its financial report for the first quarter of 2009 and states that its revenue increased by 37.22% year-on-year to CNY10.3 billion, a record-high increase over the past…
According to Fu Mengxi, vice president for Wal-Mart (China) Investment Co., Ltd., the company will open a new Sam's Club in Pudong, Shanghai in 2009.