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Nongfu Spring Shares Drop 12% Amid Slowing Profit Growth
Shares of Nongfu Spring, China’s largest bottled water producer, fell by 12% on Wednesday. This decline follows a report revealing a significant slowdown in the company’s profit growth for the first half of the year. Nongfu Spring’s stock, listed on the Hong Kong exchange, has plummeted over 41% in 2024.
The company’s net income reached 6.24 billion yuan ($876 million), marking an 8% increase compared to the same period last year. However, this growth is a sharp decrease from the 23.3% rise reported in the first half of 2023. Analysts are concerned about this dramatic slowdown.
Read More: (https://theleadersglobe.com/business/nongfu-spring-shares-drop-12-amid-slowing-profit-growth/)
#Nongfu Spring#significant slowdown#global leader magazine#the leaders globe magazine#leadership magazine#world's leader magazine#article#best publication in the world#news#magazine#business
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asy finale liveblogging part 2!
they're showing the 打call (support?) videos for the trainees, like the ones from people in the industry, and ollie has ZHANG HAO AND ZHENGTING, i love the yuehua family,
LIANG SHIYU HAS ZHANG HAO TOO. AND WAYV KUN AND HENDERY. AND YAO CHEN FROM R1SE. HOW DOES HE KNOW THEM OMG...
quanzhe has next i'm going to go cry for a bit (off topic i heard wenjun's voice and i Teared up) (xinchun is so bright and so genuine i love him)
i did Not know zhang haolian knew ling chao... or li zhenning...
ok they're doing weird meaningless awards now (i kinda zoned out while the nongfu guys were talking in canto rip) (quanzhe got asia super cool...?)
the emo montage. I KNOW YOUR TRICKS.
EMO SONG TIME....... muqing standing himself :( bc boyhood isn't there with him :(
FANG YUHENG I MISSED YOU omg ai yukun too. lin zhanshuo too.
THEY'RE ALL INTRODUCING THEMSELVES AGAIN THIS IS SO SAD.
SEUNGDAE GOING LAST HELLO? he is such a sweetheart :(
OK!! ad break (which was just shining again) over!!!!!! see you in part 3!!!!!
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🌟 Latest Research Report on Sparkling Coffee Market ☕
The 2024 research report on the Sparkling Coffee Market presents an in-depth analysis of the industry, uncovering key trends, opportunities, risks, and drivers. 📊 It provides a detailed assessment of the market's size, revenue, volume, and product portfolios, as well as the capacities and financials of leading players in the sector. This study also delves into various industry segments and provides essential insights for navigating challenges like those presented by COVID-19. 🌍
Market Snapshot:
According to Straits Research, the global Sparkling Coffee Market was valued at USD 1.47 Billion in 2022. The market is expected to soar, projected to reach USD 4.49 Billion by 2031, growing at a robust CAGR of 13.2% from 2023 to 2031. 🚀
For detailed insights, download the sample PDF of the report here: Sample Report 📄
🍹 Top Key Industry Players 🎯
The Sparkling Coffee Market is shaped by a handful of pioneering companies that drive innovation and growth. These include:
DrinkVIVIC
MATCHLESS COFFEE SODA
Keepers Sparkling Coffee
Upruit
Union Coffee
Paul
Slingshot Coffee Co.
Nongfu Spring
Stumptown Coffee Roasters
Manhattan Special
🔍 Sparkling Coffee Market Segmentation Analysis 📊
Thanks to the segmentation in the Sparkling Coffee Market, the industry is broken down into more manageable sub-segments, based on:
Product Type
Caffeinated
Decaffeinated
Distribution Channels
Hypermarket & Supermarkets
Convenience Stores
Online Platforms
Others
Explore the full segmentation here: In-depth Segmentation 🔍
🌍 Regional Analysis of the Sparkling Coffee Market 📈
The regional analysis section of the report takes a closer look at global trends and how various countries and regions are performing in the Sparkling Coffee sector. This section covers countries such as:
United States, Canada, Mexico
Germany, France, United Kingdom, Russia, Italy
China, Japan, India, Southeast Asia
Australia, Brazil, Saudi Arabia
North America, Europe, Asia-Pacific, South America, Middle East & Africa
The regional market performance is analyzed with a focus on volume, sales growth, and market share for each key country and region.
🚀 New Additions in the 2024 Report 🆕
This year, the report has been expanded and enhanced with several new features, such as:
Expanded Industry Overview: A more comprehensive view of the market landscape.
In-Depth Company Profiles: Detailed insights into leading market players.
Customized Reports & Analyst Support: Tailored research and direct access to experts.
Insights on Market Developments: Recent trends and future growth opportunities.
Regional/Country-Specific Customization: Tailor your report to your region’s needs.
🔑 Key Highlights 🌟
Market Overview: Understand the scope of the Sparkling Coffee Market, including product types, applications, and regional breakdowns.
Manufacturer Profiles: Dive deep into leading manufacturers, their business activities, market share, and financial performance.
Competitive Landscape: Gain insights into the strategies of top competitors in the market.
Market Segmentation Analysis: Understand how each market segment performs and its growth potential.
Regional Market Trends: Explore regional sales, revenues, and market share data to assess where the growth is happening.
💡 Why Should You Purchase This Report? 📈
Comprehensive Information: Access extensive research, data, and insights that would be difficult to gather on your own.
Enhanced Decision-Making: Make informed strategic decisions for investments, product development, and marketing.
Competitive Advantage: Stay ahead of the competition by understanding market dynamics and competitor strategies.
Credibility & Reliability: Trust data that’s been rigorously researched and authored by industry experts.
Cost-Effective Research: Save time and money with this comprehensive and well-researched report.
To understand the impact of COVID-19 on the market, check out the full details here: Covid-19 Impact 📊
📬 Contact Us
Email: [email protected] Address: 825 3rd Avenue, New York, NY, USA, 10022 Tel: UK: +44 203 695 0070 | USA: +1 646 905 0080
Straits Research is dedicated to providing top-tier market research services, offering tailored reports and insights that help businesses make informed, data-driven decisions. We specialize in providing customized research to fit your unique needs and challenges. 🌟
#Sparkling Coffee Market Market#Sparkling Coffee Market Market Share#Sparkling Coffee Market Market Size#Sparkling Coffee Market Market Research#Sparkling Coffee Market Industry#What is Sparkling Coffee Market?
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China’s Wealthiest Man Criticizes Tech Giants and Government Inaction in Rare Public Reproach
China’s richest man, Zhong Shanshan, founder of beverage giant Nongfu Spring, has openly criticized online shopping platforms for triggering price wars that he claims have harmed businesses and industries amid the nation’s economic slowdown.
In a rare and bold statement, Zhong also directed criticism at the Chinese government, accusing it of being "negligent" in addressing the destructive trend of aggressive pricing strategies.
His remarks, made during a visit to a county in eastern China on Tuesday, were quickly censored by state-controlled media, reflecting the highly sensitive nature of such critiques.
Zhong specifically targeted Pinduoduo, a popular e-commerce platform owned by PDD Holdings, for its role in damaging Chinese brands and industries.
"Internet platforms have disrupted our pricing system," he said, according to the state-owned media outlet The Paper. "Pinduoduo’s pricing model has caused significant harm.
It’s not just a matter of bad money driving out good money—this has become the orientation of entire industries, with pricing dictating everything."
Public criticism of the government is exceedingly rare among Chinese business leaders, as those who speak out often face repercussions. Zhong’s comments stand out as an unusual and direct rebuke of both corporate and governmental practices in China’s evolving economic landscape.
Pinduoduo has experienced rapid growth in recent years, fueled largely by its aggressively competitive pricing strategies.
During the same press conference where he criticized Pinduoduo, Zhong Shanshan, China’s wealthiest individual, also took aim at the government, accusing it of failing to address this damaging trend.
These additional remarks, which were not widely covered by state media, were shared through a transcript published by Sina Technology and various videos circulated by news outlets.
"The government has not stepped in to address this industry orientation, and I believe it has been negligent in its duty," Zhong said.
CNN has reached out to Nongfu Spring and Pinduoduo (PDD) for comment.
A Nation of Budget-Conscious Consumers
Zhong’s remarks echo growing concerns about the impact of shifting consumer behaviors and business practices in China. Platforms like Pinduoduo have thrived by appealing to penny-pinching consumers in an economy marked by slowing growth.
This isn’t the first time a prominent business leader has openly criticized the system. In November 2020, Alibaba co-founder Jack Ma publicly condemned China’s banks and financial regulators. The backlash was swift:
Ant Group, Alibaba’s financial affiliate, was forced to cancel its record-breaking $37 billion IPO, and Ma largely withdrew from public life as Beijing launched a sweeping crackdown on the tech industry.
Among the companies affected by this regulatory tightening was Pinduoduo. Founded in 2015 by Colin Huang, the e-commerce startup has rapidly grown into a major player, leveraging shifts in consumer habits in the world’s second-largest economy. It also shares ownership with Temu, another rising star in online retail.
Zhong’s criticisms highlight the tension between innovation-driven growth and the challenges of maintaining fair market practices in an increasingly competitive landscape.
As China’s economy slows and job opportunities diminish, consumers are tightening their belts, cutting back on everything from groceries to electronics and even cars.
To attract budget-conscious buyers, brands—including those catering to premium markets—have increasingly resorted to discounts and special offers. The ripple effects of this shift have been widespread.
Zhong Shanshan’s recent remarks come at the close of a challenging year for the billionaire. Earlier this year, he faced backlash from nationalist critics who accused him of lacking patriotism. The campaign significantly impacted his beverage company, Nongfu Spring, slashing its sales and driving down its stock value.
According to Bloomberg, this nationalist-driven controversy erased tens of billions from Nongfu’s market capitalization, and by August, it had cost Zhong his title as China’s richest person. He was overtaken by Colin Huang, the founder of Pinduoduo, who remains a major shareholder in the company.
However, Zhong has since reclaimed the top spot on China’s rich list, with an estimated net worth of $52.2 billion, according to the Bloomberg Billionaires Index. Despite his financial recovery, his comments highlight the strains facing both businesses and consumers in China’s shifting economic landscape.
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TikTok Founder Becomes China’s Richest Person
TikTok founder Zhang Yiming tops China’s 2024 Rich List, with a net worth of $49.3 billion, according to Hurun Research Institute. Zhang Yiming is now the 18th person to hold the title of China’s richest individual since the Hurun China Rich List began in 1999. He takes over from Zhong Shanshan, founder of Nongfu Spring, who held the spot for three years. Zhang co-founded ByteDance, the company…
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Fundador do TikTok, Zhang Yiming, Torna-se o Homem Mais Rico da China
Zhang Yiming, fundador da ByteDance, empresa responsável pelo TikTok, é agora a pessoa mais rica da China, com uma fortuna avaliada em US$ 49,3 bilhões. O levantamento, realizado pelo Instituto de Pesquisa Hurun, mostra que o crescimento dos lucros da ByteDance em cerca de 30% no último ano consolidou a posição de Zhang no topo do ranking, desbancando Zhong Shanshan, presidente da Nongfu Spring,…
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Основатель ByteDance Чжан Имин – богатейший человек Китая
New Post has been published on https://er10.kz/read/it-novosti/osnovatel-bytedance-chzhan-imin-bogatejshij-chelovek-kitaja/
Основатель ByteDance Чжан Имин – богатейший человек Китая
Основатель ByteDance Чжан Имин впервые возглавил список самых богатых людей Китая, обойдя руководителей Tencent и Nongfu. Об этом пишет исследовательский институт Hurun. В прошлом году Чжан занимал пятое место.
44-летний Чжан с личным состоянием в $49,3 млрд обошел «короля бутилированной воды» Чжуна, чье состояние упало на 24% до $47,9 млрд.
ByteDance известна своим популярным приложением TikTok, у которого более миллиарда активных ежемесячных пользователей по всему миру. По словам исследователей Hurun, в прошлом году прибыль компании выросла примерно на 30%.
CEO китайского интернет-гиганта Tencent Пони Ма Хуатенг опустился на третью строчку, хотя его состояние выросло на 13% до $44,4 млрд.
Основатель платформы электронной коммерции Pinduoduo Колин Хуанг занял четвертое место, так как его состояние сократилось на 9%. Основатель Midea Хэ Сянцзянь и генеральный директор CATL Цзэн Юйц��нь заняли пятое и шестое места в списке.
Интересно, что в списке богатейших компаний Китай в основном состоят владельцы и основатели высокотехнологичных компаний.
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Shares of Nongfu Spring, China’s largest bottled water producer, fell by 12% on Wednesday. This decline follows a report revealing a significant slowdown in the company’s profit growth for the first half of the year. Nongfu Spring’s stock, listed on the Hong Kong exchange, has plummeted over 41% in 2024. Read more
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Colin Huang Becomes China’s Richest Person
Colin Huang, the 44-year-old founder of Temu and Pinduoduo, has ascended to the position of China’s richest person, surpassing Zhong Shanshan, the bottled-water magnate and founder of Nongfu Spring. Zhong had held the title since April 2021. Huang’s rise to wealth has been driven by China’s evolving shopping habits and the success of his ventures in the e-commerce sector. As of now, Colin Huang’s…
#" "China&039;s richest person#" "Pinduoduo#" "Temu"#Colin Huang#Zhong
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Chinese bottled water group demands apology from consumer watchdog
Nongfu Spring criticises Hong Kong body after it released report detailing levels of bromate in 30 samples
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Natural Mineral Water Market Analysis, Strategic Assessment, Trend Outlook, and Business Opportunities 2031
The “Natural Mineral Water Market Share, Size, and Trends | 2031” is market research by The Insight Partners. The Natural Mineral Water market has perceived tides of change in the recent past. This study offers precise projections after detailed scrutiny of a range of factors impacting the business. Considering the present market scenario, this report brings forward correct predictions on revenue, market size, and CAGR of the Natural Mineral Water market. The novel market research which is based on a fact-based foundation is now accessible for purchase. This report can make a variance in wide decision-making and drive business forward in the right direction.
Business is no longer a game of instincts when it comes to capitalizing on new production lines. In a highly competitive Natural Mineral Water market, companies may face several challenges. Having trusted market research is always endorsed for both veteran and new entrants. Natural Mineral Water Market report presents a thorough analysis of local, regional, and global market scenarios through the following details.
Report Attributes
Details
Segmental Coverage
Type
Flavored
Plain
Packaging type
Bottles
Cans
Others
Distribution channel
Supermarkets and Hypermarkets
Convenience Stores
Online Retail
Others
Geography
North America
Europe
Asia Pacific
and South and Central America
Regional and Country Coverage
North America (US, Canada, Mexico)
Europe (UK, Germany, France, Russia, Italy, Rest of Europe)
Asia Pacific (China, India, Japan, Australia, Rest of APAC)
South / South & Central America (Brazil, Argentina, Rest of South/South & Central America)
Middle East & Africa (South Africa, Saudi Arabia, UAE, Rest of MEA)
Market Leaders and Key Company Profiles
Nestl?
PepsiCo
The Coca-Cola Company
DANONE
Primo Water Corporation
FIJI Water Company LLC
Gerolsteiner Brunnen GmbH and Co. KG
VOSS WATER
Nongfu Spring
RHODIUS Mineralquellen und Getr?nke GmbH and Co. KG
Other key companies
Competitive Landscape
Knowing the state of rivals is a strategically right move to outperform them. This report is the right place to explore key strategies, developments, and recent launches by key Natural Mineral Water market players. This report emphasizes an analysis of business strategies and expected growth opportunities for brands.
Key Coverings:
Current and Future Market Estimates- Natural Mineral Water Market Share, CAGR, and Forecast | 2031
Market Dynamics – Drivers, Challenges, Regional Trends, and Market Opportunities
Market Segmentation – Product, Application, End-use Industries, and Regional Growth Prospects.
Competition Matrix – Key Market Players and Strategies
Recent Developments and Innovation Contributing Market Growth
Need a Customized Market Research Report?
You can always share any specific requirements that you have, and our team will adjust the scope of research offerings as per your needs.
The following are some customizations our clients frequently ask for:
The Natural Mineral Water market report can be customized based on specific regions/countries as per the intention of the business
The report production was facilitated as per the need and following the expected time frame
Insights and chapters tailored as per your requirements.
Depending on the preferences we may also accommodate changes in the current scope.
Key Questions Addressed in the Natural Mineral Water Market Research Include:
What are present Natural Mineral Water market values, and what can be expected in the upcoming decade?
What are the key segments in the Natural Mineral Water market?
What is the regional distribution of the Natural Mineral Water market report?
What are the key players and their recent strategies?
What are the key factors driving Natural Mineral Water market growth?
What are regulatory concerns and requirements businesses have to compel?
About Us:
The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Devices, Technology, Media and Telecommunications, Chemicals and Materials.
Contact Us: www.theinsightpartners.com
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Bottled Water Market Brand Differentiation Strategies
Bottled Water Market is anticipated to be USD 551.2 billion by 2033. It is estimated to record a steady CAGR of 5.3% in the Forecast period 2023 to 2033. It is likely to total USD 328.9 billion in 2023.
The bottled water market refers to the global industry dedicated to producing, distributing, and selling water packaged in bottles, typically made from plastic or glass, for human consumption. This market encompasses various types of bottled water, including purified water, which is treated to remove impurities; spring water, sourced from natural springs; and mineral water, containing natural minerals and trace elements.
The industry operates through an intricate supply chain, involving extraction, purification, bottling, distribution, and retail, with major players ranging from multinational corporations to local producers.
In recent decades, the bottled water market has experienced substantial growth, fueled by multiple factors. Increasing concerns about the safety and taste of tap water have led consumers to seek alternative hydration options.
Get a Sample Copy with Graphs & List of Figures @ https://market.us/report/bottled-water-market/#requestSample
Key Market Segments
By Product Type
Still Water
Sparkling Water
Functional Water
Others
By Packaging
Plastic Bottle
Cans
Others
Distribution Channel
Online
Offline
In 2023, the Bottled Water market showcased robust segmentation by product type, with Still Water leading at 72.3% market share due to its purity and simplicity. Sparkling Water and Functional Water followed, reflecting preferences for effervescence and health benefits, respectively. By packaging, Plastic Bottles dominated with a 68.5% share for their convenience, while the Offline distribution channel remained predominant despite the rise of online shopping.
Some of the major key players in the global bottled water market include:
Nestlé
PepsiCo
The Coca-Cola Company
DANONE
Primo Water Corporation
FIJI Water Company LLC
Gerolsteiner Brunnen GmbH & Co. KG
VOSS WATER
Nongfu Spring
National Beverage Corp.
Keurig Dr Pepper Inc.
Other Key Players
Drivers: Increasing health consciousness and the demand for convenient, portable hydration are key factors driving the bottled water market. Additionally, the rise of flavored and functional water varieties is attracting a broader consumer base.
Restraints: Environmental impact from plastic waste and competition from high-quality tap water infrastructure are significant challenges. Strict regulations and negative consumer perceptions about the source and purity of bottled water also hinder market growth.
Opportunities: Premium and functional water segments, e-commerce expansion, and emerging markets offer substantial growth potential. Brands focusing on sustainable packaging and ethical practices can capitalize on the conscious consumer market.Challenges: Addressing environmental concerns and maintaining compliance with stringent regulations pose ongoing challenges for the bottled water industry. Ensuring consumer trust amidst scrutiny over purity and sourcing practices is also crucial
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