Jinjian rice: the subsidiary dairy company plans to invest 19 million yuan to transform and upgrade the fifth pasture

Chinese Restaurant Brands Going Global: What Keeps Customers Coming Back After the Opening?

How long can the queues outside a brand’s first overseas store last? And how many customers drawn in by the novelty will become regulars? For Chinese restaurant brands expanding internationally, opening a store is only the beginning of the challenge of building a local business and retaining customers.

Anjoy Agrees to Acquire 60% of Singapore’s IFC for US$30.5 Million

Anjoy Foods Group (安井食品) has agreed to acquire 60.0005% of Singapore-based International Foodgnostics Corporation Pte. Ltd. (IFC) for US$30.47 million in cash. The proposed acquisition would add frozen bakery capabilities and operations in China, Singapore and Malaysia.

Robam and Controlling Shareholder Plan Up to CNY 1.3 Billion to Fund iTronics Acquisition

Hangzhou Robam Appliances (老板电器) and its controlling shareholder plan to contribute up to CNY 1.3 billion to fund the proposed acquisition of 60% of iTronics Holding Limited, expanding the kitchen-appliance maker’s access to North American and European sales channels. Robam’s board approved the funding proposal on October 9; shareholder approval and completion remain pending.

Founder of Sweeping Robot Maker Bags USD 100 Mn to Support Car-making Move

Chang Jing, founder and CEO of Roborock, a company making sweeping and other cleaning robots, follows industry leaders like Xiaomi and Huawei with foray into car-making

Roborock's Self-Developed Multi-Layer Laser Radar May Be Used in EV Sector

Established in July 2014, Roborock Technology has been focusing on the research of household intelligent electrical appliances such as intelligent cleaning robots.