2021-04-21

The Coca-Cola Company and Coca-Cola Beverages Africa Announce Plans for Initial Public Offering for Bottler

The IPO will allow CCBA to operate as an independent, Africa-focused, South Africanheadquartered, managed and domiciled business.

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IPO

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Colourful convenience: Thai-inspired iced teas firm Namjai banks on vibrant, healthier offerings to capture younger consumers Namjai’s Herbal Blue Tea is made from butterfly pea flower and lemon, the Red Tea is roselle and raspberry, and the Yellow Tea is mango and chrysanthemum. All three teas are rich in antioxidants, vitamins, anthocyanins and contain zero caffeine.

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Beverage startup Hydrant just raised $8.5 million and is bulking up its marketing muscle to take on Gatorade Originally a direct-to-consumer brand, Hydrant entered traditional retail stores over the past year and now sells its products in about 10,000 retail stores, including Walmart, Target, and GNC.