The Chinese tea leaf B2C e-commerce platform Maimaicha.com, which is operated by Shandong Huaxia Chalian, has announced that it has completed its A-round financing and gained nearly CNY100 million investments from four organizations in China.

Paul-Henri Ferrand, president for the Asia Pacific and Japan regions of Dell, revealed that Dell China's revenue increased by 22% during the first quarter of 2012 fiscal year.

Pepsico Inc. has announced that it will build a new Chinese food manufacturing base in the Wuhan Food Industrial Processing Zone, Hubei.

Information from the 5th Ningxia-Taiwan economy and trade cooperation fair revealed that Master Kong, the renowned brand owned by the Taiwanese Ting Hsin International Group, plans to invest CNY800 million to build a new plant in Yinchuan, capital of Ningxia, in 2011.

U.S.-based H.J. Heinz Company has completed its acquisition of Guangzhou-based Foodstar, a manufacturer of premium branded soy sauces and fermented bean curd.

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.