Meat
Cash-strapped Beyond Meat gets US$100 million from diet non-profit
[NEW YORK] Beyond Meat raised US$100 million in debt financing from a plant-based diets advocate, as the company continues to search for funds to shore up its liquidity. The...
Beyond Meat sees weak annual revenue, posts wider-than-expected quarterly loss
BEYOND Meat forecast annual revenue below estimates on Wednesday, as the faux meat products maker faces persistent demand weakness amid sticky inflation.Beyond Meat has been losing steam it garnered...
Beyond Meat pursues new borrowing to shore up liquidity
PLANT-BASED burger maker Beyond Meat is sounding out investors to borrow as much as US$250 million from private credit lenders, its second such attempt in less than 12 months,...
Temasek-backed Indian meat seller seeks US$2 billion IPO valuation
LICIOUS, a Temasek Holdings-backed online seller of meat and seafood in India, is seeking to become profitable as it prepares to list in 2026, adding to a slew of...
China lifts final trade restrictions on Australian meat processors
CHINA has lifted trade restrictions on two Australian meat processing facilities, allowing the full resumption of red meat exports to the country, the Australian government said on Tuesday (Dec...
9 Dead, 78 Hospitalised After Consuming Sea Turtle Meat on Zanzibar Island
Eight children and an adult have died after eating sea turtle meat on Pemba Island in the Zanzibar archipelago, and 78 other people have been taken to hospital, authorities...
Cultivated meat producer Eat Just pauses operations in Singapore
The current pause in production in Singapore comes amid overseas reports of legal and financial woes confronting the US firm. Eat Just is in a legal dispute with a...
Beyond Meat tops revenue estimates, plans ‘steep’ cost cuts in 2024; shares soar
BEYOND Meat on Tuesday topped market expectations for fourth-quarter revenue on resilient demand for its faux meat patties in key markets outside the United States, and said it would...
