Leyin Innovation Technology (Qingdao) Co., Ltd announced the completion of a Series A financing round of nearly RMB 50 million.
Ready-to-cook foods are increasingly popular in the Chinese market and local policies are changing to reflect the trend.
Dingdong (Cayman) Ltd, one of the most popular Chinese online grocers, apologised for its food safety issue after being accused of selling expired products.
On March 16th, POP MART was revealed to overhype its mystery toy boxes during the CCTV 315 Gala.
Chinese hotpot chain Haidilao issued an announcement on the appointment of management personnel. Zhang Yong stepped down as CEO of Haidilao and was succeeded by Yang Lijuan.
On February 14th, China Post became the most surprising player on the coffee track. Post Office Coffee, China Post’s first ‘post office coffee shop’, was officially launched in Xiamen. This is a directly owned and operated store by China Post.