Packaged food company eyes IPO amid “lazy economy” boom
Xianmeilai, a company specializing in pre-processed packaged seafood products, is looking to go public in Shanghai. These products generally fit into a category commonly called the ‘lazy economy’ which includes things like frozen pre-made dishes that can be heated and consumed in a short amount of time.
This has been an incredibly hot area in recent years as consumer habits shift. Similar to how dining habits in Dalian were affected by the ...