Replies to post #18833 on The Rising Influence of Rising Affluence

[wow_happens28]

I can't find the Impossible Foods $300,000,000 fund raise that had a statement in it " We don't rule out and IPO, buy have no comment on it now", or such. Impossible is already selling in Hong Kong. But, China in not a beef country. They eat a lot of pork and fish. I guess that Impossible has their eyes on Asia, but not until they get a pork and fish Impossible. Both would be good for like hot dishes we have in the US with pork and fish= in them. A big IPO might get them into China? Just a guess.

[DewDiligence]

BYND—Two more bearish (on valuation) articles this weekend, one from the WSJ and one from Barron’s:

https://www.wsj.com/articles/the-food-giants-are-coming-for-beyond-meat-11559295001

https://www.barrons.com/articles/beyond-meat-stock-looks-overvalued-51559347252