Beyond The Beverage Aisle

Flannery, Russell
November 2010
Forbes Asia;Nov2010, Vol. 6 Issue 13, p76
The article reports that Zong Qinghou has became richest person in China by selling drinks for a few yuan each. It states that his company made sales of 6.4 billion dollars and has an estimated sales of 8 billion dollars in future. It reports that Zong plans for diversifying its business from beverages.


Related Articles

  • Uneasy lies the head.  // China Economic Review (13506390);Nov2010, Vol. 21 Issue 11, p16 

    The article reports on the strong competition faced by Zong Qinghou's Wahaha in the beverage market in China in 2010. According to Zhou Siran, a food and beverage analyst at CIC Industry Research Center, the company has a firm product line, but some of its products are not of similar standard as...

  • Child's Play No More. Flannery, Russell // Forbes Asia;11/27/2006, Vol. 2 Issue 20, p24 

    The article focuses on the viability of the Wahaha beverage company of Zong Qinghou in China amidst an intensifying competition. The name of the business that evolved, Wahaha, sounds like an infant's laugh and the company targeted its bottled water and flavored drinks at picky children and their...

  • Wahaha rejects Danone's new cooperation plan.  // Dairy Industries International;Apr2008, Vol. 73 Issue 4, p11 

    The article reports that Wahaha Group has rejected a cooperation plan offered by Danone to combine their assets in China. Regarding the plan, Danone proposed to merge all their businesses to form a new company that will be listed on the share market. Zong Qinghou, board chairman of the Wahaha...

  • Out of the Bottle. Flannery, Russell // Forbes Asia;11/16/2009, Vol. 5 Issue 17, p65 

    The article focuses on Hangzhou Wahaha Group Co. Ltd., the beverage company in China, founded by Zong Qinghou. It started as a mini grocery in a school in Hangzhou, China, in 1986. It is reported to be in conflict with its former joint venture partner Groupe Danone SA over its name. Further, it...

  • Zong Qinghou: The Old School Tycoon. Hua Mao // China Pictorial;Nov2013, Vol. 785, p40 

    The article profiles Chinese beverage magnate Zong Qinghou, president of soft drink giant Wahaha Group, which includes his career development and efforts to enhance social well-being of the people of China.

  • On Investing Abroad. QINGHOU, ZONG; Flannery, Russell // Forbes Asia;Fall2011 Special Issue, Vol. 7 Issue 11, p125 

    The article offers information on the overseas investment plans of Zong Qinghou, founder of beverage maker Wahaha, who is ranked at the fifth position in the list of China's 100 Richest.

  • Analysis: Brand Health Check - Danone break-up puts China strategy in doubt.  // Media: Asia's Media & Marketing Newspaper;6/29/2007, p115 

    The article analyses a dispute between French bottled water manufacturer Danone and Zong Qinghou, founder of China-based company Wahaha. Recently Zong Qinghou compared Danone to a colonial invader. While Danone responded by alleging him of establishing an operation which manufactures and sells...

  • Danone may sue jv partner Wahaha.  // TCE: The Chemical Engineer;May2007, Issue 791, p8 

    The article reports that Danone, a French yoghurt manufacturer, threatens to sue its Chinese partner, Hangzhou Wahaha, for violating their joint venture agreement. Danone alleged that Wahaha established production plants that produce products made by the joint venture, namely yoghurt, water, and...

  • Chinese parliament a far greater club of the rich than US Congress.  // Tibetan Review: The Monthly Magazine on all Aspects of Tibet;Apr2011, Vol. 46 Issue 4, p25 

    The article offers information on the richest 70 of the 2,987 members of the National People's Congress (NPC) in China. It mentions that the 70 richest members, which have a combined wealth of 493.1 billion yuan, include the country's richest man, Hangzhou Wahaha Group chairman Zong Qinghou....


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics