Wahaha

  • 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.

    9 hours ago
  • 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.

    9 hours ago