The official Weibo account of Panpan Food, a well-established Chinese food company, announced that it released a new kind of sports drink, the first step of this company’s move into sports drink market.
This new drink is said to be able to provide water and energy to the consumer and the nutrition in the drink is easy to digest.
The new product partners with Chinese Basketball Association, and can already be bought from e-commerce platform, pricing at 6 yuan per bottle.
The company has already released other kinds of drinks this year, including coffee beverage. The company’s annual revenue surpassed 5 billion yuan in 2018. (Source:baijiahao)