Foodtech in China: Is this the answer to national food self-sufficiency?
China’s most popular C2M platform Pinduoduo has recently overtaken Chinese E-commerce giant Alibaba as China’s top shopping site. Although Pinduoduo is now king among Chinese E-commerce platforms in active users, it has yet to achieve profitability. So in order to become profitable, Pinduoduo is now focusing on Foodtech. As executive director Xinyi Lim puts it: […]
Chinese Agricultural Technology Takes a Step Forward
Being the most populous country in the world, China has a lot of mouths to feed. However, having only 9% of the world’s arable land, China is having difficulty ensuring there is enough produce for its 1.35 billion citizens. As such, China recently started importing corn and other crops from foreign countries after years of […]