Sinostep represents several large Chinese roasters to buy pecans and other tree nuts directly from farms in USA, Mexico, South Africa and Australia.
In this pecan selling season, we headed to USA and Mexico to inspect our ordered pecans, visit some orchards and meet new partners.
As I mentioned in Potential vs Challenge: A glance of China pecan market, nowadays more and more Chinese buyers send people to orchards directly to understand what exactly happen in the market, this is an opportunity for overseas pecan growers and Chinese buyers to establish a more close relationship.
Demand for pecans in China has boomed for years. I am trying to provide a full picture of this market in China and discuss the potential and challenges for the market. Pecan Boom in China At 2006, very few Chinese had ever ate pecans before it was introduced officially into the China market. After Chinese […]
Alibaba-Backed Kuaidi Dache, Chinese taxi and private car hailing app maker, has completed US$800 million series D financing,
Alibaba Group Holding Ltd (NYSE:BABA), Tiger Global Management LLC, and two other unnamed investors participated in this round of funding.
Kuaidi Dache’s taxi apps cover more than 300 cities across the country. The company claims to be the largest such app maker in China with a 54% market share.
Kuaidi’s funding round comes right after the company’s key rival, Didi Dache, announced earlier in December 2014 that it had successfully completed $700 million series D financing. Didi Dache’s funding round was led by Tencent Holdings Limited (HKG:0700), Temasek Holding, and DST Global.
Transportation authorities in some China cities reportedly have made announcements that private car services via such apps like Kuaidi Dache and Didi Dache are illegal.
Elon Musk, the chief executive officer of Tesla Motors Inc, is getting more attention in the latest week in China.
Elon Musk said that the US-based firm will be operating a charging and service network in China for its electric vehicles by next year(2015).
Tesla has already scheduled the construction of solar-powered charging stations in the cities of Shanghai and Beijing in 2014. Musk did not say what China-based company it will partner with but industry experts have speculated that it will be state-owned oil-firm Sinopec Group. Continue reading Elon Musk’s Opportunity in China for Tesla
Current situation of China Healthcare Market China Healthcare Market is still in an early stage, and Chinese people are expecting more diversified medical service supply. Currently the healthcare contributes about 5% of the GDP in China, which is pretty low in the world. Limited entry to the market Unhealthy monitoring mechanism Imbalanced medical resources lead to insufficient […]