---
title: "FMCG Daily | East Buy sells farmed shrimp as wild; Yonghui fined 100,000 yuan for substandard bananas and Wuchang fish..."
description: "East Buy is being sued by a consumer who bought shrimp advertised as '100% wild-caught' but found they were farmed. Yonghui Supermarket was fined 100,000 yuan for selling substandard bananas and Wuchang fish."
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published: "2023-03-16"
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# FMCG Daily | East Buy sells farmed shrimp as wild; Yonghui fined 100,000 yuan for substandard bananas and Wuchang fish...

> East Buy is being sued by a consumer who bought shrimp advertised as '100% wild-caught' but found they were farmed. Yonghui Supermarket was fined 100,000 yuan for selling substandard bananas and Wuchang fish.

**East Buy sells farmed shrimp as wild**
Consumer Mr. Wang from Jiangsu purchased large shrimp advertised by Dong Yuhui as '100% wild-caught' on the 'East Buy' livestream, but discovered they were actually farmed. After half a year of complaints with no resolution, Mr. Wang chose to sue East Buy. After the lawsuit, East Buy staff proactively contacted Mr. Wang, claiming that East Buy had been deceived by the supplier. (New Consumption Daily)

**Yonghui fined 100,000 yuan for substandard bananas and Wuchang fish**
According to Tianyancha App, recently, Beijing Yonghui Supermarket Co., Ltd. Dongcheng Chongwenmen Branch was fined 100,000 yuan by the Beijing Dongcheng District Market Supervision Administration for selling edible agricultural products that contained chemical substances other than food additives and other substances that may harm human health, as well as edible agricultural products with pesticide residues exceeding food safety standards. The illegal income of 135.84 yuan was confiscated. (Interface News)

**CCTV 315 Gala exposes medical beauty and astroturfing chaos**
On March 15, the CCTV 315 Gala exposed the most representative infringement chaos of the past year. Cases include: 'flavored rice' passing off as premium rice, beauty injections using cosmetics under the guise of medical procedures, livestream rooms using bots to inflate popularity, 'absurd melodramas' deceiving the elderly into placing orders, and bicycle helmet manufacturers cutting corners. 

**CITIC Securities: China's leisure snack industry has trillion-yuan development space**
A research report recently released by CITIC Securities believes that China's leisure snack industry is large in scale and has many categories, with trillion-yuan development space. Chinese-style snacks and tree nuts are large in scale and fast-growing, dominated by local enterprises with fragmented competition, and are expected to cultivate local comprehensive snack leaders. (36Kr)

**Oatly Asia market grows 32% in 2022**
On March 15, OATLY announced its fourth quarter and full-year 2022 results. In the fourth quarter of 2022, the company's revenue was $195.1 million, a year-on-year increase of 4.9%. For the full year of 2022, net loss was $396 million, compared to a loss of $212 million in the same period last year. In the Asian market, OATLY's full-year 2022 sales volume increased by 32%, with revenue reaching $157 million. (FoodTalks)

**Nestlé has invested over 1.4 billion yuan in China in the past 3 years**
Recently, the 'CDF Voice' column of the China Development Forum WeChat public account released a video speech by Nestlé Group CEO Mark Schneider. He stated that Nestlé is committed to long-term development in China. 2023 marks Nestlé's 36th year in China, and over the past three years, Nestlé has added more than 1.4 billion yuan in investment in China. (China Development Forum official WeChat)

**National consumer prices rose moderately in January-February 2023**
Yesterday, at a press conference held by the State Council Information Office, it was announced that from January to February, the national consumer price index (CPI) rose by 1.5% year-on-year. By category, food, tobacco, and alcohol prices rose by 3.4% year-on-year, among which fresh vegetable prices rose by 1.3%, grain prices by 2.7%, pork prices by 7.9%, and fresh fruit prices by 10.8%. (China News Service)

**Total retail sales of consumer goods increased by 3.5% in January-February 2023**
From January to February, total retail sales of consumer goods reached 7,706.7 billion yuan, a year-on-year increase of 3.5%. By retail format, retail sales of supermarkets, convenience stores, specialty stores, and department stores in units above the designated size increased by 2.3%, 10.0%, 3.6%, and 5.5% year-on-year, respectively. Online retail sales nationwide reached 2,054.4 billion yuan, a year-on-year increase of 6.2%. Among them, in online retail sales of physical goods, food products increased by 5.3%. (National Bureau of Statistics official website)

**'Yao 8 Xia' secures financing, first crushed-gel plant-based beverage to launch**
Recently, innovative beverage brand 'Yao 8 Xia' announced the completion of its first angel round of financing, led by Jianzhi Venture Capital. The funds will be used for brand building and promotion of 'Yao 8 Xia'. It is reported that Yao 8 Xia Food Co., Ltd. was founded in 2022, focusing on innovative herbal beverages. (Food Board)

**China Consumers Association releases consumer satisfaction survey of 100 cities nationwide**
The China Consumers Association released the '2022 Consumer Satisfaction Evaluation Report for 100 Cities' on the 14th. The evaluation results show that in 2022, the comprehensive score of consumer satisfaction in 100 cities nationwide was 78.81 points, generally at a good level. Among them, Suzhou, Qingdao, and Hangzhou ranked in the top three for satisfaction. (New Consumption Daily)


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