TIL… China’s richest man (Zhong Shanshan) runs from a packaged drinking water business

• Zhong Shanshan, founder of Nongfu Spring Co., criticizes PDD Holdings and ByteDance for instigating a price war and spreading negative publicity.
• The fallout led to a $20 billion loss in market capitalization for Nongfu and Zhong's ...

I personally know a person who has a very large consumer cosmetics company and this person should be worth upwards of 25 crores counting their company, brand and assets

• India is emerging as the next big growth market for consumer goods giants like PepsiCo and Unilever, filling the gap left by China's uneven recovery.
• Companies are targeting India's diverse population and untapped rural market with n...