Business
V2food raises $77 million to take its plant-based burgers to China – Sydney Morning Herald
Rich lister Jack Cowin-backed v2food is tipping more consumers will make the switch to plant-based meat as it sets its sights on the Chinese market.
“We know that is a very different market out there and there’s a lot of opportunities and pitfalls for Australian companies entering into the market,” he said. “We’ve got investors who are China-based, they’ve been in this space before they understand how the market works.”
V2food has created a meat alternative using protein extracted from legumes to make ‘mince’ that looks, tastes and cooks like meat. Mr Cowin, who owns the Hungry Jack’s fast food chain, took a stake in v2food when the startup…
-
Business16 hours agoWhy did this ASX 200 healthcare stock crash 14% yesterday?
-
Business15 hours agoHere’s what analysts expect for the BHP share price in the coming year
-
Business19 hours agoOwn Xero shares? Here are 3 key takeaways from its AGM
-
General16 hours agoPatients speak out after Brisbane doctor accused of ‘excessive’ pap smears, kissing woman on lips