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
-
Nongfu Spring lands in deep water as price war intensifies
9633.HK - China Resources Beverage pumps up water fight with market leader
- CHINA BULLETIN: Bring on the Equipment Upgrades, Says Beijing
- Cotti splashes past 10,000-store milestone, fueled by relentless price war
- CHINA BULLETIN: Fiscal Revenue, Land Sales Fall in April
- CHINA BULLETIN: China Further Extends Its Welcome Mat for Foreign Investors
