Nissin noodles ladles out new direction with Vietnam asset shuffle
The inventor of instant noodles’ China unit will pay $11.5 million to take over control of the parent company’s Vietnamese subsidiary Key Takeaways: Instant noodle pioneer Nissin’s China unit will…
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Falling flour prices lift Nissin Foods as pandemic-related demand fades
Revenue for one of China’s top instant noodle makers fell 3.6% in the first quarter, even as its profit grew thanks to sharply lower material costs Key Takeaways: Nissin Foods’…
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Nissin Foods Serves Up Investor Comfort Food in Cups of Noodles
The premium noodle maker returned to profit growth in the third quarter, following a decline in the first half of the year, as it raised prices and brought rising ingredient…
Snack Specialist Dali Courts Foodies With Healthy, Upscale Offerings
Slow-growth food maker places big bets on Doubendou and Meibeichen brands that cater to a new generation of affluent Chinese consumers Key Takeaways: Dali Foods is placing its bets on…
