Kerry Group is to sell its dairy business, whose brands include Cheestrings, Dairygold, and Kerrymaid, for an expected €500 million in order to focus on its B2B taste and nutrition business. In a move expected to be worth a total consideration of €500 million, Kerry Group plans to sell its dairy operations, Kerry Dairy Holdings, … Read more
Cross-border eCommerce in China continues to be a booming market in 2024, with rapid growth driven by increasing consumer demand for international products. For foreign brands looking to enter China, understanding the two primary logistics models—Bonded Warehouse and Direct Mailing—is essential for success. In this article, we’ll break down each model’s key differences, benefits, and drawbacks, helping … Read more
In the first major alternative proteins partnership between Australia and China, Nourish Ingredients has signed a joint commercial agreement with Chinese biotech company Cabio Biotech to manufacture and distribute Nourish’s flagship product, Tastilux, throughout the Asia Pacific (APAC) region. Both companies see the strategic partnership as delivering a significant commercial opportunity, allowing them to meet … Read more
Another Singles’ Day in the books! Here are my key takeaways. First, the festival showed really healthy sales growth. Our data at WPIC Marketing + Technologies indicates around 16% YOY growth in GMV. We also saw record levels of consumer participation and engagement—important metrics for both platforms and brands. Second, Alibaba Group was the clear … Read more
British researchers have discovered one of the secrets behind a traditional Chinese medicine made from an orange caterpillar fungus, and are touting its potential for combating cancer. The mechanism that triggers anti-inflammatory and other health benefits within the compound called cordycepin were not understood in western medicine—until now. New research into the chemical produced by … Read more
JD.com’s 11.11 event concluded with significant growth across various categories including pharmaceuticals, health and nutrition products, and medical devices. The “silver generation” has shown a growing awareness of proactive health management, leading to a 140% year-on-year increase in transaction volume for senior-targeted products in categories like chronic disease medications, nutritional supplements, and medical equipment. Notable … Read more
During JD.com’s 11.11 shopping festival, JD Health signed strategic cooperation agreements with major brands including Swisse, Inne, Move Free, Yan Palace, GNC, and WonderLab. Over the next three years, JD Health aims to achieve a 300% increase in sales through resource integration and complementary advantages with these six brands, driving the health industry into a … Read more
On November 11, Huiyuan announced the release of its new sea buckthorn seed oil gel candy. According to official reports, this product features sea buckthorn seed oil sourced from the extensive sea buckthorn orchards in Altay, Xinjiang. Utilizing supercritical CO2 extraction technology, the product effectively retains its nutritional value. The candy is packaged in custom … Read more
On November 9, the Ministry of Civil Affairs and 23 other departments jointly released the “Measures for Further Promoting Elderly Care Service Consumption and Enhancing the Quality of Life for Seniors,” outlining comprehensive plans for elderly service consumption. The measures emphasize the importance of promoting and applying products for seniors, including the encouragement of research … Read more
On November 14, the National Health Commission (NHC) held a press conference to discuss food safety and nutrition efforts supporting the Healthy China initiative. Since the start of the 14th Five-Year Plan, the NHC has processed 543 applications for “Three New Foods” and approved 270 of them, including 43 approvals this year alone. Notably, these … Read more
