
Nongfu Spring Denies Using Ingredients from Fukushima in Soda Water
In response to public discussions, Hangzhou-based bottled water giant Nongfu Spring asserted that there were no ingredients imported from Fukushima, Japan, in its soda products.
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In response to public discussions, Hangzhou-based bottled water giant Nongfu Spring asserted that there were no ingredients imported from Fukushima, Japan, in its soda products.
Chinese beverage brand Genki Forest announced on February 25 that its sixth self-built factory will be established in Taicang, Jiangsu Province, covering an area of 120 mu (19.8 acres).
On Friday, Li Guoxun, Vice President of sparkling water brand Genki Forest, talked about the company's recent business operations, marking the first time that the brand disclosed performance data to the public.
Premium bubble tea chain Nayuki Holdings passed a hearing for its initial public offering on the Hong Kong Stock Exchange, becoming the first publicly-listed Chinese high-end beverage brand.
Tang and his entrepreneurial story may someday become a classic case study taught in business schools. Whether about success or failure, it is certain to be extremely exciting.
Nayuki Holdings Limited, a new-style beverage brand, announced the latest financial report of its operations in the first quarter of this year on Thursday.
A consortium led by Centurium Capital, a Beijing-based investment company, now owns more than 50% of domestic beverage chain Luckin Coffee, which was previously plagued by a series of scandals.
Genki Forest is about to complete a new round of financing worth nearly $200 million, making its market valuation reach $15 billion.
News emerged on Thursday that Liu Zhen, who has in charge of Genki Forest's overseas business, had left the company in early March. Genki Forest has confirmed that the news is true.
Chinese beverage chain Luckin Coffee released its unaudited 2022 first quarter report on Tuesday, showing it achieved revenue of 2.4 billion yuan ($359.9 million) during the period.
On January 14th, Chinese beverage company Genki Forest released their Insight Report on Bubble Water Consumption in 2021 by analyzing the sales data of its Tmall store in the first 11 months of 2021.
Lemon tea brand Ningji has recently invested in Changsha-based local coffee brand RUU, and has become its wholly-owned parent company.