As consumers increasingly emphasize product safety, Nongfu Spring’s market leadership in the bottled water segment should be conducive to gaining share amid market consolidation. Nongfu Spring ...
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China’s richest person wants a personal apology from ByteDance’s founder for not stopping social media attacks against himZhong Shanshan, chairman of Nongfu Spring and China’s “bottled water king,” has an axe to grind with two of the country’s biggest tech companies. Zhong slammed Pinduoduo, a Chinese e ...
BEIJING – Zhang Yiming, founder of Chinese tech heavyweight ByteDance, has become China’s richest person for the first time, ...
Years later in 1996, he founded a bottled water company he called Nongfu Spring. In 1999, Nongfu Spring stopped removing natural minerals from its water, a move which was celebrated by its ...
the region is home to Nongfu Spring, a leading Chinese beverage company that processes and produces bottled water using water sources from the reserve. While a factory like Nongfu Spring’s ...
Nongfu Spring remains the market leader in the Chinese bottled water market, but competition in the industry is still fierce, with demand gravitating towards functional beverages and premium water ...
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