News & Perspective
Keep current on recent E.J. McKay news & industry trends.
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…
Baidu inked $3.6B deal for live-streamer YY Live
Baidu Inc announced on Tuesday it will acquire Joyy Inc’s video-based entertainment livestreaming business in China for $3.6 billion in cash, a move that will mark the search engine giant’s latest foray into…
Audi speeds toward achievable goal of becoming carbon-neutral in China
Globally, Audi is striving to reduce its carbon footprint by around 30 percent in just five years and wants to achieve net zero carbon emissions throughout the company by 2050. By 2022, Audi…
