Wahaha
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Wahaha Tmall Flagship Store Renamed Tongyuan Kang Foods; Controlled by Du Jianying – Store Claims Previous Distributorship
Speculation arose on Chinese social media regarding Wahaha’s Tmall flagship store when it was renamed “Tongyuan Kang Food Franchise Store.” Tongyuan Kang confirmed they previously operated as Wahaha’s official Tmall store as a distributor but are now independent after the partnership ended. Tongyuan Kang E-commerce is controlled by Sanjie Investment Group, with Du Jianying holding a major stake. The current “Wahaha旗舰店” on Tmall is now run by Hangzhou Hengyi E-commerce, where Zong Fuli, daughter of Wahaha’s founder, serves as a board member.
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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.
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Kelly Zong Loses First Lawsuit; Her Lawyer Previously Protected Stephen Chow’s Assets
A multi-billion dollar inheritance dispute over the Wahaha empire has begun in Hong Kong, with Zong Fuli reportedly facing an initial setback in court. However, this is just the first stage of a larger legal battle, with a significant lawsuit filed against Zong Fuli in Hangzhou. The case involves individuals claiming to be her half-siblings seeking asset preservation. Zong Fuli is represented by Stevenson, Wong & Co., the same firm that successfully defended Stephen Chow in a previous high-profile profit-sharing case.
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Zong Fuli’s Alma Mater Defends Reputation Amid Online Criticism: Business Program Esteemed, Law School Ranked #1
Wahaha’s succession, particularly Zong Fuli’s strategy, is a hot topic in China. Questions arose about her choice of Pepperdine University, with some deeming it an inferior choice compared to Ivy League schools. Pepperdine defended its business program as a flagship offering with strong networking opportunities, citing successful alumni and top rankings. Zong’s business school is recognized for entrepreneurship and its EMBA program consistently ranks globally.
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Wahaha Sales Plunge After Kelly Zong Lawsuit, Distributors Fear Business Collapse: Some Consumers Boycott
Wahaha, a Chinese beverage giant, faces potential sales decline after news of a lawsuit against its Chairperson Zong Fuli emerged. E-commerce data reveals a drop in daily sales following the news. Concerns are growing among distributors. While some link the downturn to reputational damage, industry experts emphasize the importance of product quality and operational efficiency. Zong Fuli has previously advocated decoupling the brand from personal image. Wahaha’s long-term success hinges on adapting to intense competition and evolving consumer preferences.
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The Fall of a Patriarch? Experts Warn of Risks in Firm-Founder Dependence, Citing Examples From Gree to Xiaomi to Tesla.
Wahaha founder Zong Qinghou is facing rumors of illegitimate children, sparking public disappointment. Experts highlight the risks of companies being overly reliant on their founders, citing examples like Gree, Xiaomi, Tesla and Apple. Analysts believe Wahaha’s operations won’t be significantly affected, as product quality depends on production standards, not the leader’s personal life. They caution against creating false rivalries with competitors like Nongfu Spring, urging the public to focus on facts and avoid personality-driven narratives.
