MW Beyond Meat launches site on JD.com
Beyond Meat Inc. $(BYND)$ said Thursday that it has launched an e-commerce site on China's JD.com Inc. $(JD)$ Selling products like Beyond Beef and Beyond Burgers in Beijing, Shanghai, Guangzhou and Shenzhen, the company plans to expand to 300 cities across the country. The site also marks the launch of direct purchase of Beyond Pork, which was created for Chinese diners. Beyond Meat products sold on the site are made at a newly-opened facility in China. Beyond Meat entered mainland China 15 months ago through a partnership with Starbucks Corp. $(SBUX)$ Beyond Meat stock is up 2.4% for 2021 to date while the S&P 500 index has rallied 16.5% for the period.
-Tonya Garcia; 415-439-6400; AskNewswires@dowjones.com
$(END)$ Dow Jones Newswires
July 15, 2021 08:05 ET (12:05 GMT)
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