Family Dispute

  • Wahaha Responds to Cutting Dealers with Sales Below ¥3 Million: Normal Dynamic Optimization

    Wahaha, the Chinese beverage company, is undergoing strategic changes under Zong Fuli, daughter of the founder, who assumed leadership roles. Reports suggested a distributor cull, but Wahaha clarified that network shifts are normal optimization, with new distributors exceeding those not renewed. Earlier, Zong Qinghou stepped down from key positions. A legal dispute involving Zong Fuli in Hong Kong and distributors’ concerns about internal family matters and their impact on sales have added complexity to Wahaha’s situation.

    Markets 5 hours ago