Blue Moon shadowed by aggressive promotional spending in slowing economy
Heavy spending on its livestreaming channels pushed the leading laundry detergent maker to its first-ever annual loss since its IPO in 2020 Key Takeaways: Blue Moon’s revenue growth slowed to…
Nongfu Spring founder casts spotlight on destructive price wars plaguing China
Billionaire Zhong Shanshan blamed low-cost e-commerce platform Pinduoduo, as well as short-video site Douyin, for the cutthroat competition Key Takeaways: Nongfu Spring has criticized China’s cutthroat price wars, even as…
PODCAST: A China Bull Market, and Bottled Water Under Fire
After two years of suffering, Chinese stocks are showing some new signs of life. But is this fledgling bull market for real? And China's leading bottled water brand, Nongfu, has come under attack from nationalists for its red bottle caps said to look like the Japanese flag. How big a risk are such attacks, and is the problem worsening?
Snack Specialist Dali Courts Foodies With Healthy, Upscale Offerings
Slow-growth food maker places big bets on Doubendou and Meibeichen brands that cater to a new generation of affluent Chinese consumers Key Takeaways: Dali Foods is placing its bets on…
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