EY Thailand hosted a Consumer Products and Retail (CPR) seminar entitledGetting ahead of the changing consumer and disruption to provide insights into the trends impacting consumer behavior and preferences as well as strategies and technologies
The hype is real after Flash Group, which provides Flash Express e-commerce logistics services, was heralded as the first Thai unicorn following its latest funding round, offering hope for others following in its footsteps.
Tech collaboration: Thai Union reveals ambition to widen healthier RTE portfolio with low-GI products Seafood giant Thai Union has revealed how it is looking to broaden its healthier products portfolio including ready-to-eat (RTE) meals, on the back of significant investment in Singapore low-GI firm Alchemy Foodtech.
Alchemy raised a seven figure investment from its recent bridge round with multiple investors from all over the world. The investment round was overall led by Thai Union and also included big names like Shanghai VC Bits x Bites and South Korean VC Sunbo Partners.
The firm’s GI-lowering technology and products allowing for better control of blood sugar levels have garnered them widespread interest, particularly with the launch of its powder blend Alchemy Fibre last year, which lowers the GI of any rice it is added to without changing taste or texture.