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The Snack King of China
Oleh:
Flannery, Russell
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
Forbes Asia vol. 5 no. 16 (Oct. 2009)
,
page 22-25.
Topik:
Snack Industry
;
Rice Cracker Market
;
Business
;
Profit
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
FF5.1
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
Quick to jump into the mainland, Taiwan's Tsai Eng-Meng turned his rice crackers into a multibillion-dollar fortune. Selling juice won't be as easy. Today the onetime teenage entrepreneur has turned the rice cracker maker into a snack empire. He moved into China in 1992, and, switching the focus to children (and their parents), Want Want China is now unrivaled in the country's rice cracker market, with a two-thirds share. It also has scored with flavored milk, where it controls 40% of the market, and has won 30% of the soft candy business; it is also China's biggest maker of flavored frozen treats on sticks. Sales last year rose 42%, to $1.6 billion, and net profit, buoyed by its grip on high-margin rice crackers, climbed 30% to $263 million.
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