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E-commerce & Instant Retail

Is Pinduoduo Starting to Sell Groceries?

Pinduoduo is reportedly launching a new community group-buying platform called "Duoduo Grocery" in Wuhan and Nanchang. Following its previous strategy, the company is expected to use heavy subsidies to attract group leaders and compete with established players like Meituan and Xingsheng Youxuan.

New Distribution
Retail Formats

300,000 Convenience Stores by 2022? Ministry of Commerce Issues Document to Boost Development

The Ministry of Commerce has issued a notice to promote the branding and chain development of convenience stores, aiming to reach 300,000 branded chain convenience stores nationwide by 2022. This move is expected to drive growth in the convenience store market, which currently has only about 130,000 stores despite a large population.

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Brand Marketing

In the Beer Market Coveted by Snow, Tsingtao, and Budweiser, Can Innovative Craft Beer Break Through?

The beer market has long been dominated by five major brewers—Snow, Tsingtao, Budweiser, Carlsberg, and Yanjing—holding 83% market share. However, as consumer spending rises and demand for better taste and quality grows, craft beer has emerged as a new force, with the number of craft breweries in China surging from 17 in 2013 to nearly 2,000 by 2019. This article explores how Panda Craft Brewery, a leading craft beer brand, positions itself and navigates the competitive landscape.

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E-commerce & Instant Retail

Alibaba's Ele.me Enters Community Group Buying, Opens in Zhengzhou, Stirring Up the Sector

Following Meituan's launch of its community group buying business in July, Alibaba's Ele.me has announced its entry into the market, starting with Zhengzhou. Leveraging Alibaba's ecosystem, Ele.me aims to compete in the lower-tier city market, despite facing industry-wide challenges such as supply chain and delivery efficiency.

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Retail Formats

Big News! JD Convenience Stores Open Franchise Cooperation in Multiple Cities, Boosting the Rise of Small Shop Economy

Recently, the Ministry of Commerce and six other departments jointly issued the "Notice on Carrying out the Action to Promote the Small Shop Economy", which proposes to cultivate 100 pilot cities (districts) for small shop economy, empower 100 service enterprises, and form 1,000 small shop clusters with high popularity and strong 'hustle and bustle' by 2025, achieving the goal of '100 cities, 1,000 districts, 100 million shops'. The small shop economy has ushered in new development opportunities. [Easter egg at the end of the article] On July 31, JD New Channel released news: JD Convenience Stores will open franchise cooperation in many places across the country, including Beijing, Shanghai, Chengdu, Jinan, and other cities.

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Consumer & Categories

Food and Beverage Packaging to Undergo Major Overhaul—New Regulations from State Administration for Market Regulation Prohibit Labels Such as 'Zero Additives' and 'Non-GMO'

On July 27, the 'Measures for the Supervision and Administration of Food Labels (Draft for Comments)' proposed that food labels must not emphasize the absence of substances not contained or used in the food, such as 'no additives,' 'zero additives,' or similar phrases. It also encourages food producers to label low oil, low salt, low sugar, or sugar-free prompts. Additionally, for genetically modified food, the label must prominently indicate 'genetically modified,' otherwise it is not necessary to label 'does not contain GMOs' or 'non-GMO.'

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Capital, Earnings & M&A

Nongfu Spring Approved for Hong Kong IPO! Zhong Shanshan's Wealth Nears 100 Billion!

On July 31, according to the CSRC official website, the CSRC approved Nongfu Spring Co., Ltd. to issue no more than 1.38 billion overseas listed foreign shares with a par value of RMB 0.1 per share, all common shares. After the issuance, the company can list on the Main Board of the Hong Kong Stock Exchange. Nongfu Spring, formerly known as Zhejiang Qiandao Lake Health Drinking Water Co., Ltd., was founded in 1996. In 1998, its slogan 'Nongfu Spring is a bit sweet' became famous, and by 2019, its revenue reached 24.021 billion yuan.

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Capital, Earnings & M&A

Le Yao Ju Classic Products Relaunched: 3 Strategies to Help Distributors Activate the Market!

The outbreak of COVID-19 has brought new opportunities and challenges to the frozen food industry. On one hand, while channels like foodservice were hit hard during the pandemic, circulation and e-commerce channels saw a surge in demand. On the other hand, as the pandemic stabilizes and consumption normalizes, foodservice is recovering, and consumer demand from households online and offline has not declined. According to Kantar Consumer data, post-pandemic consumers still purchase higher-priced frozen foods and buy more in bulk, with stockpiling needs persisting.

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Capital, Earnings & M&A

Heavyweight | Budweiser APAC H1 Results Announced, Q2 Flat Year-on-Year, June Hits New Domestic High

Budweiser APAC's H1 performance was impacted by the pandemic but recovered rapidly. In China, Q2 overall sales volume was flat versus the same period in 2019, down only 0.3%; May and June saw year-on-year growth, with June setting a new all-time high in China.

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Retail Formats

2020 China Convenience Store Top 100 Announced! Meiyijia Surpasses Kunlun Hao Ke for the First Time, Sinopec Yijie Continues to Lead

The China Chain Store & Franchise Association recently released the 2020 China Convenience Store Top 100 list. Sinopec Yijie ranked first with 27,699 stores, while Meiyijia surpassed PetroChina Kunlun Hao Ke to take second place with 20,706 stores, and Kunlun Hao Ke ranked third with 20,000 stores.

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Brand Marketing

Want to Know Marketing Trends After the Pandemic? Tiger Cao, President of KMG China, Tells You

As the global partner and president of China at Kotler Marketing Group (KMG), Tiger Cao has deep marketing academic foundations and rich practical experience in international business. He has led KMG China in providing market strategy and brand strategy consulting services to over 120 companies, including Fortune 500 firms and city governments. He proposes four marketing trends in the post-pandemic era: influence marketing, agile marketing, brand activism, and relentless marketing innovation.

New Distribution
Dealer Operations

After Just One Year of Transformation, He Became the Largest Snack Food Distributor Locally—How Did He Do It?

Zhicheng Trading in Linquan County, Anhui, transformed in 2018 from a multi-category, multi-brand distributor into a single snack food category supplier. With over 2,000 retail outlets, 11 salespeople, and 1,500 SKUs, it achieved annual sales growth of over 30%, with self-operated categories growing over 100% annually. After 10 years in distribution, the company has grown steadily through brand dividends, proactive transformation, and business structure adjustments.

New Distribution
Industry Trends

52 Innovation Shares, 24 Live Interpretations, 1000+ Product Decision-Makers Gather at FBIC2020 | See You the Day After Tomorrow

Foodaily sincerely welcomes you to FBIC2020, where we talk innovation through products and make friends through innovation. For friends who cannot attend due to the pandemic, our online live streaming reservation is now open, hoping to support your product innovation! We witness and advance the wave of new consumer brands together! This article shares the on-site content: 01 Conference Agenda & Speakers, 02 Innovative Products & Innovation Journey, 03 Innovation Activities, 04 Some Participating Companies, 05 Partners, 06 Online Live Streaming Channel Officially Opens...

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Capital, Earnings & M&A

Wangbaobao Completes Nearly 100 Million Yuan Series B Financing Against the Odds During the Pandemic: The Birth of the 'Fastest' Food Startup

In April 2020, despite the pandemic, innovative consumer brand Wangbaobao completed a Series B financing of nearly 100 million yuan, led by Black Ant Capital, with existing investors Source Code Capital, Vertex Ventures, and Dexun Investment following on. The company, which launched its Taobao store in May 2018 and surpassed 2 million yuan in sales in its first month, has grown rapidly to become the top oatmeal brand on Tmall, achieving over 20 times annual sales growth.

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Brand Marketing

Tens Group Statement: Beijing Red Bull's Lawyer Statement Seriously Defames Tens Group's Goodwill and Damages Red Bull Brand Interests; Will Pursue to the End!

In response to the lawyer's statement issued by Red Bull Vitamin Beverage Co., Ltd. ("Beijing Red Bull") on July 10, Tens Pharmaceutical Healthcare Co., Ltd. ("Tens Group") hereby declares that the statement contains numerous falsehoods that mislead the public, threaten authorized producers and distributors, and seriously defame Tens Group's goodwill and its licensed products. Tens Group reserves all legal rights and will pursue legal action to the end.

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Management & Methods

Kimberly-Clark and New Retail TP Operator Shanghai Maichun Sign 3-Year Exclusive Strategic Cooperation Agreement

On July 16, 2020, Kimberly-Clark (China) and Shanghai Maichun E-commerce Co., Ltd. signed a 3-year exclusive strategic cooperation agreement in Shanghai, deepening their collaboration in B2B and other new retail channels. The partnership aims to achieve a 1 billion yuan sales target over the next three years.

New Distribution
Retail Formats

First Xiaorunfa RT-mini Opens Nationwide, Mini-format Competition Intensifies

Today, the first Xiaorunfa RT-mini store opened in Nantong, Jiangsu, marking RT-Mart's entry into the community fresh food supermarket segment. Leveraging RT-Mart's supply chain and Alibaba's digital technology, the store aims to enhance customer experience and meet daily needs, intensifying competition in the mini-format retail sector.

New Distribution
Brand Marketing

After Nongfu's IPO, Making Distributors the New Leeks: What Kind of Water Deserves More Cherishing

The pandemic has advanced Chinese people's health awareness by at least a decade, leading to a surge in demand for health products and services, especially functional bottled water. As the market for mid-to-high-end water explodes, Xipin Tiancheng's 'Buxi Water' aims to partner with distributors to tap into the vast selenium-supplement market, offering a rare natural mineral water source from China's selenium-rich Qinba valley.

New Distribution
E-commerce & Instant Retail

2020: Digitalization and New Infrastructure Redefine Every Role in the FMCG Industry

Infrastructure is the foundation of society, and in the FMCG industry, it encompasses all steps from factory to consumer, including production, warehousing, logistics, distribution, retail, and communication. The article argues that digitalization is the core of new infrastructure, and in 2020, it has become the top priority for traditional manufacturers, surrounding enterprises, and innovative brands alike.

New Distribution
Brand Marketing

Nongfu Spring and Uni-President's Supplier Files for IPO: Why Is the Tea Industry So Eager for a 'First Stock'?

On July 3, the China Securities Regulatory Commission (CSRC) published the prospectus of China Tea Co., Ltd. (hereinafter 'China Tea'). A subsidiary of COFCO, China Tea is one of the tea suppliers to beverage companies such as Nongfu Spring and Uni-President. The company had submitted its materials on June 18, 2020, and they were accepted on June 24. For a long time, the A-share market has lacked a true tea stock. Although China Tea attempted to list nearly 20 years ago, it failed for various reasons. Will this attempt succeed?

New Distribution
Brand Marketing

Juneyao Health IPO Approved, but Why Did the Issuance Review Committee Question the Number of Distributors?

The CSRC website recently published the results of the 97th meeting of the 18th Issuance Review Committee in 2020, showing that Hubei Juneyao Health Beverage Co., Ltd. ("Juneyao Health"), which had previously suspended its IPO process due to its capital verification firm being involved in the Kangdexin financial fraud case, passed the review. However, during the review, the committee raised questions about changes in the number of distributors and the high proportion of OEM production.

New Distribution
Brand Marketing

In 2020, Digitalization Is Becoming the Top Priority for All FMCG Manufacturers

In 2020, had the pandemic not occurred, all industries would have continued along the plans designed the previous year. However, the sudden outbreak made every enterprise realize the 'blind spots' in their business operations. Digitalization, a topic often discussed in recent years, has been mentioned in meetings of every enterprise to varying degrees. Whether it is promoted this year or next, or gradually introduced through a specific project, the timing, importance, and methods differ in each enterprise's operational priorities.

New Distribution
Brand Marketing

Reversal: Laoganma's Latest Response, 'No Cooperation with Tencent at All!'

In response to Tencent's lawsuit, Laoganma has responded, saying 'Tencent was deceived, and there has been no cooperation with Tencent at all,' and issued a related statement. Tencent sued Laoganma for unpaid advertising fees, while Laoganma strongly denied any commercial cooperation, leading to a heated dispute. The truth behind the incident is now under police investigation.

New Distribution
Brand Marketing

Retail Giants' Private Label FMCG Brands Are Coming on Strong: Is There a Crisis for Traditional FMCG Brands?

Private label brands are developed and used by wholesalers or retailers based on consumer needs, with retailers controlling the entire process from design to distribution. Currently, retailers face two major problems: severe product homogenization and shrinking profit margins, and a sharp decline in customer traffic. To achieve product differentiation and maximize profits, retailers are launching private label products to meet the diverse, niche, and personalized demands of consumers.

New Distribution