Danone's joint venture with Wahaha was first signed in 1996 to sell water, yogurt and tea drinks. Both sides profited richly as Wahaha water became the leading brand in the China market.

Second, Wahaha carefully chooses which regions it will target for each product. Shan explained, "Some products, such as our water, sell better in the city and some products, like our cola, do ...

Ratcheting up its attack on its erstwhile foreign partner, Hangzhou Wahaha says that it intends to countersue Groupe Danone , claiming up to 5 billion euros ($6.7 billion) in compensation for the ...

Wahaha water is one of the cheapest on the market, at just 2 yuan a bottle (approximately RM1.20). "In the current economic climate, if there is a way to get great results with little expenditure, ...

On August 21, Tingyi (Cayman Islands) Holding Corporation (Tingyi) announced that the company surpassed Wahaha Group Co. Ltd (Wahaha) in mineral water sales as of this June and now ranks first in ...

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 ...

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 ...