- Beyond Meat (NASDAQ:BYND) is entering grocery stores in mainland China through a partnership with Alibaba (NYSE:BABA), which will begin selling the meatless burger patties at its innovation-driven Freshippo chain.
- The company already entered the mainland via a restaurant deal with Starbucks back in April and has expanded its products to Yum China's KFC, Taco Bell and Pizza Hut.
- The news may go some way in helping shares of Beyond Meat, which have slipped about 10% over the past week after McDonald's ended a trial of its meatless burger in Canada.