Browsing: Shanshan

E-commerce platforms have become a new class of intermediaries, displacing traditional wholesalers and distributors while gaining greater influence over merchants through algorithm-driven systems, Zhong, founder of beverage giant Nongfu Spring, said earlier this month on state broadcaster CCTV’s Dialogue program.

On 8 August, CCTV financial programme Dialogue (《对话》) aired its latest exclusive interview with Nongfu Spring founder Zhong Shanshan. The Chinese business magnate and former richest man was soon back in the headlines after his sharp criticism of e-commerce platforms.