Health & Happiness Group International Holdings (H&H Group) acquired St. Louis, Missouri, USA-based Solid Gold Health Products For Pets, or Solid Gold Pet, for US$163 million, reported Mergers and Acquisitions. This represents H&H Group’s first foray into the dog, cat and other pet food industry.
International plant-based dog food company partners with Dream Pet Foods to introduce vegan kibble. V-planet, a leading international vegan dog food company, announces that its 100%
September 30, Boqii was officially listed on the New York Stock Exchange. The investment community learned from the listing ceremony that the IPO price was US$10, bringing the market value of Boqii to US$900 million, or about 6.1 billion yuan.
Yantai China Pet Foods (Wanpy) reports an operating income of 988 million yuan (US$145M) for the 1st semester, a year-on-year increase of 25.58%, with a net profit of 46.1162 million yuan, a year-on-year increase of 186.31%.
These companies’ annual revenues in 2019 surpassed those of others in the region. 1. Unicharm Corp. Unicharm’s pet care subsidiary has long dominated the Japanese market.
Pet Kingdom and the Shenzhen Institute of Advanced Technology released the nose print recognition technology at Pet Fair Asia. At the same time, it signed a cooperation agreement with Ping An Property & Casualty to apply this technology to pet insurance, the first commercial application of this pet nose print recognition technology.
At least two European start-ups are venturing into Asia, and a Singapore-headquartered firm is looking to launch Southeast Asia’s first insect-based dog food brand in
The source said Tencent Holdings Ltd. has shown interests in potentially investing around $50 million. Shenzhen-based pet clinic Ruipeng Pet Healthcare is seeking to raise
Nestlé has announced a series of investments that will further strengthen its footprint in China and continue to enhance its product portfolio with innovative and
Fwusow Industry Co. Ltd., a major pet food manufacturer in Taiwan, plans to develop and launch a new line of dog food that will integrate OxC-beta, a proprietary supplement product from Avivagen, a life sciences corporation from Ottawa, Canada.
China’s pet care market continues to expand rapidly. Since 2012, the growth in terms of volume, network size and products available in the country has been accelerating year after year.
But professionals from all over the world who have works with China know that entering this large and promising market is an adventure fraught with pitfalls.
If you want to be successful in chinese pet market, it is recommended to develop a good understanding of its characteristic and keep control over your brand image, no matter if you plan to rely on a general agent or work with multiples partners.
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