Angel investors back food delivery service
Angel investors have contributed USD 1.6 million to a WeChat-based food delivery start-up in China called Call a Chicken. The food delivery service based in Chengdu offers chicken-based dishes prepared by renowned chefs and cooked with fresh meat, for home delivery. According to Sina Tech, investors are buying into Call a Chicken because they believe in the business model, but they have also chosen this specific start-up to support because of China’s culinary tastes. Spicy Sichuan food – which the start-up specialises in – is a popular cuisine all over the nation, and investors believe the potential market is massive.
Michael Boddington from Asian Agribusiness Consulting (AAC) has been involved in agribusiness in Asia since 2000. AAC has office both in Vietnam Ho Chi Minh City and China Beijing. So AAC has a thorough understanding of the Viet Nam and China livestock industry and produces up-to-date research reports on the market. We can offer insights on supply and demand trends and comments on the future structure of Asian agribusiness. If you would like to know more please email This email address is being protected from spambots. You need JavaScript enabled to view it.
Source: www.asian-agribiz.com