Betagro, Kerry Express sets up cold delivery platform

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Betagro and delivery firm Kerry Express Thailand have established a joint venture (jv) for a cold delivery platform for frozen and refrigerated foods. The jv is called Kerry Betagro. Betagro CEO Vasit Taepaisitphongse said the company has seen a shift in Thai consumption preferences and purchasing habits, with increased demand for food hygiene, e-commerce, and food delivery acceleration. It plans to service the business-to-business market by end-2021 and will expand into business-to-consumer cold-package delivery by Q2 2022. Kerry holds a 60% stake in the jv.