Caixin
Caixin Global – Latest China News & Headlines

Home >

ABOUT US

CX Tech is Caixin Global's real-time tech news portal, featuring 24-hour news, short-form analysis, and roundups from business and tech media in China.

TRENDING
Unitree to Debut at 61 Billion Yuan Valuation in Closely Watched Shanghai IPO
U.S. Appeals Court Orders Review of Pentagon’s DJI Designation
Alibaba to Sell Gaming Unit as It Sharpens AI Focus
LATEST
U.S. Appeals Court Orders Review of Pentagon’s DJI Designation
Unitree to Debut at 61 Billion Yuan Valuation in Closely Watched Shanghai IPO
Alibaba to Sell Gaming Unit as It Sharpens AI Focus
China’s DJI and Arashi Vision Escalate Battle for 360-Camera Market
Didi Swings to Quarterly Profit, but Overseas Push Weighs on First-Half Results
Z.AI Pushes AI Model With Coding Edge to Rival Anthropic, Open AI
DeepSeek Launches V4-Pro and Raises API Prices by as Much as 1,100%
Tencent Shares Fall as AI Spending Squeezes Profit
Honor’s New Smartphone Doubles as a Robotic Camera Operator
YMTC Overtakes Kioxia by Shipments to Rank No. 3 in Global NAND Market
ModelBest Begins Pre-IPO Tutoring as On-Device AI Competition Heats Up
U.S. Proposes Ban on Domestic Drone Maker Over Alleged DJI Ties
Manus Cuts Ties With Meta as Tencent Emerges as Top Backer
Cautious Regulators Steer China’s Flying Vehicle Industry to Prioritize Cargo Over Commuters
Alibaba Opens Qwen Platform to Outside Developers in Push to Build AI-Agent Ecosystem
Moore Threads Plans Hong Kong Listing to Fuel AI Chip Push
Beyond the Backflips: Unitree Robotics Faces High Expectations Ahead of Shanghai Debut
ByteDance Accepts AI Gap, Sticks With In-House Models
MiniMax Shares Surge After Joining Hong Kong Stock Connect
Chinese Robotics Startup PokeBot Raises Hundreds of Millions of Dollars
Dairy Firms’ War of Words Over 2022 Winter Olympics

By Shen Xinyue, Chen Boyuan and Han Wei / Jun 21, 2019 04:16 AM / Business & Tech

Photo: VCG

Photo: VCG

Inner Mongolia Yili Industrial Group Co., China’s biggest dairy company, lashed out at archrival China Mengniu Dairy Co. for allegedly infringing on its sole sponsorship of dairy products at the 2022 Winter Olympics in Beijing.

Yili warned that it may pull out of sponsoring the games and pursue legal remedies to protect its rights, the company said in a strongly worded open letter that went viral online Thursday.

Yili said Mengniu bypassed local organizers to sign up as a “joint beverage global partner” of the International Olympic Committee with Coca -Cola Co. after it lost the exclusive dairy sponsorship to Yili.

Yili said the move would confuse Chinese consumers and lead them to believe that Mengniu is also a dairy products partner of the Beijing Games.

A Mengniu publicity executive told Caixin that the company followed the rules on the sponsorship, without providing details.

Some analysts said Mengniu isn’t necessarily breaking Olympic sponsorship rules as it took advantage of its small portion of the beverage business to obtain the beverage partnership with the International Olympic Committee, which is separate from local sponsors signed up with the Beijing Committee. But the move could indeed mislead customers and influence Yili’s marketing campaign, they said.

Related: Organic Dairy Tie-Up Brings Mengniu Closer to Market Leader Yili
Share this article
Open WeChat and scan the QR code