Month: December 2020
Diners develop a taste for meat substitutes
With global meat consumption rising, there is a growing demand for more plant-based meat in China. In addition to international plant-based meat alternative brands, more local startups have emerged this year, tapping into…
Plant-based milk spawns niche market in China
Euromonitor International, a market research firm, said compound annual growth rate of plant-based protein beverage in the Chinese market is expected to reach 2.7 percent from 2019 to 2024.Kathy Jiang, chief researcher of…
Sinovac secures $500 million in funding for COVID-19 vaccine development
Sinovac Biotech Ltd, a leading provider of biopharmaceutical products in China, announced Monday that Sinovac Life Sciences Co Ltd, a Sinovac subsidiary, has secured approximately $500 million in funding for further development, capacity…
Former Zappos CEO Tony Hsieh was remembered as a ‘gentle soul’ by his colleagues and acquaintances
Tony Hsieh, the co-founder of shoe retailer Zappos, died Friday at the age of 46, the Las Vegas Review-Journal reported. Hsieh was known for his idiosyncratic approach to building companies Hsieh’s passing was…
Black Friday stampede goes online
With millions more working from home due to the COVID-19 pandemic, the prospects for online retailers to cash in have grown exponentially. Meanwhile, the number of shoppers who ventured into retail stores on…