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LONDON (MarketWatch) -- Groupe Danone fr:012064 and China's Hangzhou Wahaha Group have agreed to temporarily suspend all lawsuits and arbitrations and return to "peace talks" after prodding from ...
Now it is her task to revive Wahaha Group’s sales, which peaked at 78 billion yuan ($11 billion) in 2013. Her father clinched the crown of China’s richest man in 2010 with a net worth of $8 ...
Hangzhou Wahaha Group Co., one of China’s biggest drink makers, is weighing an initial public offering that could raise more than $1 billion, according to people with knowledge of the matter.
Shanghai -- An escalating dispute between Groupe Danone SA and Hangzhou Wahaha Group Co. over China's largest soft-drinks empire looks increasingly as though it could result in a breakup of their ...
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China Wahaha heiress Kelly Zong Fuli back at the helm after ‘friendly negotiations’ - MSNWahaha, which means "laughing child" in Chinese, posted a 35 per cent year-on-year decline in sales to 51.2 billion yuan (US$7 billion) in 2022, according to the latest available financial ...
Zong Qinghou, the rags-to-riches founder of one of China’s biggest beverage makers, has died. The self-made billionaire, who was once China’s richest man, died of an illness on Sunday at the ...
Danone is seeking to buy control of side businesses that partner Zong Qinghou established — illegally, Danone maintains — under the brand name of Wahaha, the No. 1 beverage maker in China ...
France's Danone <DANO.PA> has sent notice to begin litigation against the founder of Wahaha, its partner in China, for what it called a breach of contract, Danone Asia Pacific President Emmanuel ...
The tie-up has helped grow Wahaha into China's largest domestic beverage maker and one of the best known brands. ... Wahaha U-Yo Milk Coffee, the firm replaced the original logo with "Qili".
Chinese drinks company Wahaha Group said on Wednesday it has not decided whether to take its joint venture partner Danone <DANO.PA> to court over a high-profile dispute, although it is reviewing ...
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