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Coca-Cola's 2019 National Sales Reach 40.7 Billion Yuan, with COFCO's Revenue at 17.172 Billion Yuan
Today, China Foods Limited, the major shareholder of COFCO Coca-Cola, released its full-year results. As of December 31, 2019, China Foods' total sales reached 17.172 billion yuan (RMB), a year-on-year increase of 9.7%, exceeding its performance targets. Net profit grew by up to 30.2% year-on-year to 418 million yuan. Industry analysts point out that thanks to COFCO Coca-Cola's excellent performance, China Foods has achieved 'double high' growth for two consecutive years, with 'revenue growth higher than volume growth, and profit growth higher than revenue growth.' As a specialized beverage platform, China Foods has improved profitability and operational efficiency through product mix adjustments and resource integration, demonstrating strong internal momentum to investors.
New DistributionDuring the Epidemic! For Distributors to Survive, Cash Flow Matters More Than Selling Goods
During the epidemic, cash flow shortage has become the most severe problem for distributors, surpassing slow sales and high inventory. Distributors need safe, convenient, and low-cost financing tools like Cainiao Cloud Loan to survive and seize new opportunities.
New DistributionPost-Pandemic Dining Consumption Is an Opportunity: How Should Foodservice Distributors Seize It?
The sudden pandemic brought the entire foodservice industry to a standstill, putting the whole chain from consumers and restaurants to suppliers into a dormant state. Now that the pandemic is nearing its end and social order is recovering, while it is uncertain whether revenge spending or compensatory purchasing will occur, one thing is certain: post-pandemic gatherings and dining out will be essential, primarily in foodservice channels. So, suppliers, are you ready?
New DistributionListing Confirmed: CSRC Accepts Nongfu Spring's Overseas IPO Filing Materials
On March 17, according to the China Securities Regulatory Commission (CSRC), Nongfu Spring's overseas IPO filing materials were accepted the previous day, marking a significant step in its long-awaited listing journey. The company has repeatedly denied IPO rumors over the years, but industry insiders believe that listing is inevitable given the changing economic environment and the company's strategic adjustments.
New DistributionPepsiCo's $26.8 Billion Acquisition Shakes Up the Energy Drink Market
While PepsiCo's acquisition of an energy drink brand aligns with current trends, it does not guarantee that Rockstar will inject new momentum into PepsiCo's future growth.
New DistributionCoca-Cola vs. Pepsi: Who Is the Real King of Carbonated Soft Drinks in China?
Based on brand value rankings over the past three years, Coca-Cola has consistently held the upper hand. Coca-Cola was born first, with Pepsi following closely behind. The main carbonated drinks on the market today, including Coca-Cola, Pepsi, Sprite, Fanta, 7 Up, and Mirinda, all come from The Coca-Cola Company and PepsiCo. Coca-Cola was born in the United States in 1886, during Prohibition, when an accidental discovery led to its creation as an alternative to alcoholic beverages. Since then, Coca-Cola has become the representative of authentic cola...
New DistributionAt the Peak of the Trend, Who Will Benchmark Against Genki Forest?
During the 2019 Tmall Double 11 shopping festival, Genki Forest's Japanese-style white peach flavored sparkling water beat beverage giants like Cola and Red Bull to rank among the top three in beverage single-item sales, sparking heated discussion. Consumers developed a strong curiosity about sparkling water, and more young people began to pay attention to it as an excellent substitute for carbonated drinks. The low-calorie, healthier label has made sparkling water a new internet sensation. Apart from the niche 'sparkling water enthusiast group', the most intuitive factor for the general public to measure sparkling water taste is sweetness. Statistics show that over 41% of carbonated beverage consumers believe sparkling water has moderate sweetness and are willing to switch to it as a substitute.
New Distribution2020 New Opportunity: Junlebao Launches a Range of Probiotic New Products with Precision!
At the start of 2020, the sudden outbreak of COVID-19 caught everyone off guard, especially the FMCG industry. As the epidemic stabilizes, brands and distributors must focus on recovering from losses and embracing new challenges. This pandemic is a temporary black swan, yet it brings new opportunities, such as heightened health awareness and growth in categories like household supplies and health foods.
New DistributionDuring the pandemic, the bird's nest industry plummeted by 96%, why did Xiaoxian Dun buck the trend and grow by 150%?
During the pandemic, Xiaoxian Dun's sales still grew by 150% compared to the same period in 2019, according to founder Lin Xiaoxian. Despite the industry's 96% drop in daily sales, Xiaoxian Dun achieved counter-trend growth through strong product and brand strength.
New DistributionMizone, Not Selling Well? Danone Releases 2019 Financial Report with Revenue Close to 200 Billion RMB
Yesterday, Danone, the food and beverage giant owning brands like Mizone and Aptamil, released its full-year 2019 financial report on its official website. According to the report, 2019 revenue was €25.3 billion (approximately RMB 192.9 billion), a 2.6% increase year-on-year (from €24.651 billion). This included a 1.2% decline in volume and a 3.8% increase in price. Among this, Danone's sales in China last year were approximately RMB 19.3 billion, still holding a significant share of its global market. Of the China market share, about two-thirds came from the specialized nutrition business (including infant formula), estimated at RMB 12.8 billion.
New Distribution50,000+ N95 Masks Available – Click Here If You Need Them
The outbreak has disrupted all plans for 2020, and some distributors fear bankruptcy if conditions don't improve. With stores closed and consumers staying home, distributors face slow sales, but demand remains; they need effective methods to move inventory, such as offering masks, which are in high demand. A New Distribution client has over 50,000 medical masks available at a low price to help businesses in need.
New DistributionMinistry of Commerce Notice: Organize Commercial Enterprises to Resume Work and Production, Ensure the Supply of Daily Necessities
According to the latest news, on the evening of the 23rd, the Ministry of Commerce issued a notice on 'Coordinating the Work of Ensuring the Supply of Daily Necessities', requiring provincial-level commerce departments to organize commercial enterprises to resume work and production in an orderly and forceful manner while ensuring epidemic prevention and control safety, and to further ensure the supply of daily necessities. The notice requires that while the top leader personally oversees epidemic prevention, they should quickly organize capable personnel, formulate and improve work plans, and orderly promote the resumption of business operations of commercial enterprises. It also emphasizes promptly identifying and coordinating to solve problems on the front lines of epidemic prevention and work resumption.
New DistributionHow Chinese Enterprises Turn Crisis into Opportunity: Focus Media and Junzhi Strategic Consulting Jointly Launch the 'Billion-Brand Building Plan'
During this critical period of resuming work and production and promoting economic development, it remains a top priority for enterprises to seize post-epidemic growth opportunities, guard against 'price wars', and enhance the international competitiveness of Chinese brands. On February 23, Focus Media, the world's largest elevator and cinema media group, together with Junzhi Strategic Consulting, a benchmark in Chinese strategic consulting, jointly released the 'Billion-Brand Building Plan' via an online press conference.
New DistributionSun Art Retail's Parent Company Reports Strong 2019 Results: Revenue and Profit Both Increase! Comments on the Epidemic...
On February 20, Sun Art Retail released its full-year 2019 financial report, the second year after being acquired by Alibaba. According to the annual report, as of December 31, 2019, Sun Art Retail's total sales revenue was 101.868 billion yuan, a year-on-year increase of 0.5%; revenue was 95.357 billion yuan, a decrease of 4% compared to 99.359 billion yuan. Operating profit was 4.890 billion yuan, up 4.1% from 4.698 billion yuan the previous year. Additionally, total sales revenue (cash generated from in-store sales) for 2019 was 101.868 billion yuan.
New Distribution158 Minutes, 52,000 Online Participants: 'After Work Resumes, How Should Distributors Handle Underutilized Staff?'
On February 18, New Distribution invited Mr. Li Feng, President of Liaoning Anshan Hongye Hengda Trading Co., Ltd., to its live stream to discuss how distributors can improve capabilities, analyze customers, and seize market share during the pandemic lull. The nearly 160-minute session attracted 52,000 viewers and provided practical insights from a distributor's perspective.
New DistributionJiang Nanchun: How Can Chinese Enterprises Turn the Tables Amid the Sudden Outbreak?
The sudden outbreak has given business operators a very unusual start to the year, raising anxiety and spreading panic. Everyone knows the epidemic will eventually pass, but where does the lingering unease come from? On February 16, Zhenhe Island, Baidu, Sina Finance, Entrepreneur Black Horse, 36Kr, Shanghai Jiao Tong University Antai EMBA, CEIBS CMO Club, and HKU SPACE Enterprise Institute jointly launched a special live broadcast course on epidemic response. Jiang Nanchun, founder and chairman of Focus Media, shared insights alongside leaders from various industries, discussing experience, responses, and future outlook to help enterprises and operators fight back.
New DistributionCan Kraft Heinz, the Company That Made Warren Buffett 'Step on a Mine,' Return to Its Peak?
Kraft Heinz reported a 5.1% year-over-year decline in Q4 2019 revenue to $6.536 billion, missing expectations, and a 5% decline for the full year to $24.977 billion. The company's stock plunged 11% after the earnings call, and Fitch downgraded its credit rating to junk status, reflecting heavy debt and declining profits.
New DistributionExpanding Online, Reducing Costs: JD New Channel's Multiple Measures to Fight the Epidemic Together with Offline Stores
In the battle against the COVID-19 pandemic, millions of small retail stores nationwide are tasked with ensuring residents' daily needs while facing challenges such as supply shortages, reduced foot traffic, declining sales, and cash flow difficulties. JD New Channel is closely monitoring the operational difficulties of small and medium stores in Wuhan and across the country, providing full support to help them overcome these challenges. Measures include actively helping store owners shift their operations online for contactless sales, and introducing multiple support policies to reduce operating costs and safeguard the survival and development of over one million ZhangguiBao users.
New DistributionAn A-round Entrepreneur's 20-Day Battle Against the Epidemic
Wu Qinghui, founder of the hair care chain brand 'Hei Aomi' (also known as 'Zaichufa'), returned to his hometown in Jiangxi for the Chinese New Year. As the COVID-19 outbreak escalated, he led his company through a rapid transformation from offline to online operations, implementing a 60-day emergency plan that kept 75% of their 600+ stores generating revenue within 20 days.
New DistributionNestlé, Mengniu, Uni-President, Coca-Cola and other FMCG companies resume operations...
Recently, social media has been flooded with posts saying 'I am at work, working online.' Major companies have responded to the national call to delay work and promote online office to avoid crowd gatherings and slow the spread of the epidemic. However, the epidemic has persisted, and the number of confirmed cases is increasing daily. Regardless of the epidemic's changes, society must continue to live and consume. On February 11, at a State Council press conference on joint prevention and control of the pneumonia epidemic, Cong Liang, member of the Party Leadership Group and Secretary-General of the National Development and Reform Commission, stated that provinces outside Hubei are gradually resuming work and production, especially in key areas such as medical supplies, energy, food, transportation, and logistics. Meanwhile, major food and beverage companies have also resumed production to ensure market order and stable supply during this special period.
New DistributionThe Story of a Couple Running a Food Wholesale Business in Wuhan
After Wuhan was locked down due to the epidemic, 9 million people stayed in the city, becoming its steadfast guardians. This is the story of Wang Chen and Tian Ting, a local couple who have been Master Kong regional distributors for 20 years. They joined the company's relief efforts, delivering supplies to hospitals including Leishenshan, despite risks and criticism, driven by a sense of responsibility and love for their city.
New DistributionPepsiCo's First Year Under New Leadership in 2019: Revenue Reached $67.161 Billion
PepsiCo reported full-year 2019 net revenue of $67.161 billion, a 3.9% increase from the previous year, with operating profit of $10.29 billion. Despite strong performance in North America and other regions, net income attributable to the company fell 42% for the year, and the company temporarily closed all its factories in China due to the coronavirus outbreak.
New DistributionNestlé Reports 2019 Financial Results; CEO Schneider Discusses Yinlu and Impact of Coronavirus
Nestlé, the global food and beverage giant with over 2,000 brands and operations in 191 countries, released its full-year 2019 results yesterday. Total sales reached CHF 92.568 billion (approximately RMB 661.44 billion), up 1.23% from the previous year, with net profit of CHF 12.609 billion (approximately RMB 90.097 billion), up 24.4% year-on-year, marking three consecutive years of growth.
New DistributionYijiupi's Strategic Acquisition of Zhangshang Kuaixiao: The Changing B2B Market Behind It
On February 11, Yijiupi announced a strategic merger with Zhangshang Kuaixiao, a leading FMCG B2B company in South China, after which Yijiupi will hold 100% equity in Zhangshang Kuaixiao. The news quickly sparked heated discussions among industry insiders. To this end, New Distribution organized a live discussion on the topic 'During the epidemic, Yijiupi strategically acquires Zhangshang Kuaixiao: Is the spring of FMCG B2B in 2020 coming?' The following is a transcript of a conversation between Zhao Bo, founder of New Distribution, and Zhou Bin, co-founder and COO of Renwoxing Technology, which has been edited and released.
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