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Articles by 消费日曝
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COFCO's Mixed-Ownership Reform in Progress: Some Businesses Expected to See Revenue Decline, Human Factor or Fate?
As one of the first central enterprise reform pilot units, COFCO Group is accelerating its mixed-ownership reform. On May 28, Jiugui Liquor, one of COFCO's five A-share listed platforms, announced that its acquisition offer by COFCO Wine Co., Ltd. (hereinafter "COFCO Wine") had been approved by the CSRC. As a pilot for state-owned capital investment company reform, COFCO has been restructuring its businesses since last year, forming 18 specialized company platforms including COFCO Coca-Cola. Currently, 14 of COFCO's subsidiaries have completed mixed-ownership reform, with plans to complete all 18 by the end of this year.
消费日曝Moutai Warns E-commerce Platforms Against Low-Price Sales, Urges Distributors to Follow Suit – No More Cheap Moutai!
Ahead of Singles' Day, Moutai issued an official notice to its distributors, warning them not to supply low-priced Moutai to e-commerce platforms. The notice states that Moutai has no business cooperation with platforms like Jiuxian.com, Zhongjiu.com, Goujiu.com, Womai.com, and 1919.cn in 2016, and reserves the right to pursue breach of contract.
消费日曝The 'Apple' of Infant Formula Expands to 1,000 Counties, Sparking a Battle—How Will You Respond?
When it comes to the best smartphones, Apple comes to mind; who is the 'Apple' in infant formula? Most would think of Wyeth. Like Apple's stellar performance in China's smartphone market, Wyeth plays a leading role in the formula market. In 2015, Wyeth became the top-selling infant formula brand in China, with annual sales exceeding 11 billion RMB, surpassing all domestic and foreign brands. Apple phones are beautiful and user-friendly, typically sold through official websites, flagship stores, and authorized resellers, following a high-end strategy...
消费日曝Where Is B2B E-commerce Headed in 2016?
After last year's market groundwork and trials, B2B e-commerce companies have sprung up in 2016, with at least 2,000 platforms nationwide and growing. This article analyzes popular FMCG B2B models, including heavy logistics, light logistics, and pure platform models, and discusses the pros and cons of distribution and self-operated models, as well as entry points through distribution channels and catering channels.
消费日曝Diagnosing Nestlé's 30 Years in China: A Good Hand Played Mediocrely
Nestlé re-entered China in December 1986 and, with its coffee, built a strong reputation, becoming a significant force in China's FMCG industry. However, in 2015, Nestlé's revenue in Greater China grew less than 5% compared to 2014, reaching only RMB 46.338 billion, less than Mengniu, which only does dairy. Mengniu has a history of less than 16 years, while Nestlé has been in China for nearly 30 years, with products including chicken essence, milk powder, coffee, and even coffee machines, all competitive and in urgent demand by Chinese consumers at the time.
消费日曝Tingyi's Q1 Revenue $2.099 Billion: Instant Noodle Revenue $842 Million, Down 15.82% YoY; Net Profit Down 48.34%
Tingyi (00322.HK), the instant noodle and beverage giant, reported first-quarter 2016 results showing continued decline amid industry headwinds. Revenue fell 9.54% year-on-year to $2.0997 billion, while net profit dropped 45.02% to $73.546 million. The company is focusing on transformation, cost control, and brand investment to recover.
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