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…
Recent Articles
RELATED ARTICLES
-
Auditor drama casts unflattering light on Lufax at already-difficult time
6623.HK LU.US -
Luckin consolidates lead in China’s coffee wars
LKNCY.US
-
East Buy ends superstar influencer addiction – but at a big price
1797.HK
- From its ‘liquor lookalike’ roots, Dayao crafts a new beverage story for the young
- Mixue pours up strong growth in China’s overheated bubble tea market
