Autumn has arrived, and with it, hairy crab season. This year, the delicacy, especially if harvested from the famous Yangcheng Lake, has become not just the target of Chinese consumers, but also online retailers looking to build up a business selling fresh food over the Internet. These retailers include e-commerce giants such as tmall.com and jd.com, who hope selling guaranteed genuine Yangcheng Lake crabs will help Chinese consumers see just how convenient it is to buy fresh food online…Full Article: ECNS.cn Sept 2016
- In 2016, Yangcheng Lake is forecasted to produce 2,100 MTs of crabs, with online retail projected to account for 70% of sales.
- On 24 September 2016, it was reported that the Suzhou Yangcheng Lake Crab Association signed a distribution agreement with Suning.com. JD.com and Alibaba’s Tmall.com also stated they are selling authentic Yangcheng Lake crabs.
- In 2015, according to the Suzhou Yangcheng Lake Crab Association, Yangcheng Lake produced 2,100 MTs of crabs. However, approximately 20,000 MTs of “Yangcheng Lake” crabs were sold/consumed as well. Online sales accounted for 60% of crab sales
- In June 2016, the Dutch dairy, Royal FrieslandCampina, partnered with Suning Commerce Group (Chinese retailer) to sell dairy products in China. Royal FrieslandCampina hopes to expand their market penetration in the provinces of Anhui, Henan, Hebei, and Gansu.
- In March 2016, Baijiu liquor producer, Wuliangye, and Suning Holdings announced a collaboration agreement, the result of which would allow Wuliangye to distribute its products within Suning’s ~2,000 brick-and-mortar stores. Additionally, Wuliangye products will be sold on Suning.com.
- In September 2013, Suzhou Yangcheng Lake Crab Association stated that mitten crab prices would likely drop 20% in 2013.
- Located in Jiangsu Province near Shanghai, Yangcheng Lake is home to the Chinese mitten crab (‘dazha xie’). Blue-gray in appearance, Chinese mitten crabs from Yangcheng Lake generally harvested in October (male crabs, ~250 grams per crab). In the years prior to 2013, Chinese mitten crab prices peaked at US$100 per crab.