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Vegetables

373 Articles
MissFresh Announces Temporary Shutdown of Its On-Demand ServiceUnder considerable financial strain, MissFresh has temporarily shut down its on-demand service. The company’s share price has plunged by 65% over the last week. August 02, 2022
Roy G
Shangri-La Matsutake Mushroom Season Arrives With Prices Exceeding $700 per KilogramThe matsutake mushroom season in Shangri-La County has arrived with high prices, despite challenges from overharvesting. July 26, 2022
Produce Report
COVID-19 Headwinds Lead Freshippo To Cut ValuationChinese supermarket chain Freshippo has cut its fundraising valuation from $10 billion to $6 billion, driven by COVID-19 restrictions such as the recent Shanghai lockdown. July 25, 2022
Produce Report
World Bank: Cambodian Ag Exports Face Headwinds, Fresh Produce to China a Bright SpotA recent World Bank report predicts that Cambodian agricultural exports to China will continue to increase under the new Cambodia–China FTA, despite some challenges. July 20, 2022
Produce Report
MissFresh Announces 200 Million Yuan in Equity FinancingNot long after MissFresh ceased its operations in nine cities owing to financial issues, the company has secured equity funding from the Shanxi Donghui Group. July 19, 2022
Roy G
After Posting Record Losses, MissFresh Ceases Operations in 9 CitiesWith net losses of over $1.5 billion in the past four years, MissFresh has now closed its operations in nine cities. July 14, 2022
Roy G
[Press Release] SHAFFE Launches International Master’s Degree for Fresh Produce Industry ProfessionalsThe Southern Hemisphere Association of Fresh Fruit Exporters has launched a new master’s degree for produce industry professionals. July 06, 2022
Produce Report
New Round of Layoffs at Hema FreshHema Fresh has begun a new round of layoffs, as the Shenzhen branch is fined for breaching pesticide residue standards. June 30, 2022
Roy G
With Crisis Looming, Grocery Delivery Service Dingdong Maicai Scales BackDingdong Maicai is reducing its service in some smaller Chinese cities, apparently in a move toward profitability as the company faces delisting from the New York Stock Exchange. June 14, 2022
Produce Report
Customs Clearance Resumes at China’s Dongxing and Dongzhong PortsThe Chinese land ports of Dongxing and Dongzhong have resumed customs clearance procedures, although the processing of refrigerated freight remains suspended. May 04, 2022
Roy G

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