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Online vegan shopping platform helping small businesses to flourish

Image: TVCV 2019

Since its launch at Vegfest 2018, Crazy Bean (crazy-bean.com) has come a long way, with plans to launch the UK-based company in Europe in 2020. Their vision is to be ‘the world’s number one online platform for buying and selling vegan products’. The ethical, vegan marketplace supports independent businesses and creates an easy, safe and secure shopping environment.

Currently, Crazy Bean have over 70 vendors approved and trading, with new products coming online every week. The growth and increased demand in vegan products has attracted a large number of new suppliers and products to the market, making the vegan sector one of the most disruptive markets today.

Crazy Bean want to help to keep independent vegan producers afloat and aid their growth — they work with suppliers hand-in-hand and support them, building long term relationships with every company that works with them. As such, Crazy Bean do not take any transaction or set-up fees from their vendors, who can use the platform to trade for free. When customers spend money on Crazy Bean every penny goes to the start-ups and independents, rather than to the platform providers.

The marketplace is focused solely on helping suppliers to operationalise their ideas, get to market and reach as many new customers as possible. They also offer their vendors essential services, including fulfilment, marketing, packaging, strategy development and networking, in order to help vendors grow and mature within the expanding vegan market.

From fashion to food, and from pets to wellbeing, Crazy Bean is a one-stop ethical shop for everything vegan, delivered to your door.

crazy-bean.com

Beyond Meat aim for stock market valuation of $1.2 billion

The original plant-based protein company, Beyond Meat (beyondmeat.com), makers of the popular Beyond Burger, have announced plans for an initial public offering, which would value the company at $1.2 billion (USD). According to a filing with the US Securities and Exchange Commission (sec.gov), the brand plans to ofer 8.75 million shares, individually priced between $19-$21 — this would place their value at about $1 billion (USD).

Beyond Meat founder and CEO, Ethan Brown, has revealed that the company is planning large scale global development: “Reflecting rapid demand growth in the United States and sustained interest from international markets, we’ve taken steps to significantly increase our production capacity. These additions make it possible for us to support international launches, building upon the successful 2017 introduction of the Beyond Burger in Hong Kong.” The company has joined forced with a select group of distributors to enter over 50 countries, including Germany and the rest of Europe, Canada, Australia, Mexico, Chile, Israel, UAE, Korea, Taiwan and South Africa. The Beyond Burger launched in the UK last November, later than its expected release date of August, resulting from its ‘higher than expected’ demand in the UK and US.

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