News

BioSteel’s Fast Growth Draws Comparison to “Early Stage BodyArmor”

One year after the launch of its RTD sports drink line, BioSteel is drawing comparisons to one the category’s major players -- and not just because of its name. Last month, a report from Goldman Sachs Equity Research praised the Toronto-based company, calling it an “emerging disruptor in the sports drink category” that “reminds us of an early stage BodyArmor.”

Superfood Baobab Beverage Maker, Tabaldi, Launches in DC

Tabaldi Juice Co. was founded with one simple goal in mind: make baobab-infused juice available to residents of the DC area and beyond. Mo saw a growing market of health-conscious consumers in the United States and knew that his baobab juice would be popular. With a background in business administration, Mo got to work.

Gopuff Expands to New York City

E-commerce convenience delivery platform Gopuff launched in New York City this week, with the promise of delivery to New Yorkers in 30 minutes.

Amazon: 100K New Brands Have Joined in 2021

Amazon has welcomed more than 100,000 brands to its U.S. store so far this year, and the company has introduced a suite of new services and user tools aimed at helping those brands gain customers and increase profits. The online retailer made the announcement yesterday at its annual Accelerate 2021 sellers conference in Seattle, where it also revealed that sales by brands are up 60% year-over-year through the end of June.

People Moves: Eternal Water Taps Essentia Talent; Jones Soda Names New CMO

In this People Moves roundup: Eternal Water taps Essentia talent, Jones Soda names new CMO amid push towards cannabis, Lemon Perfect brings on PepsiCo Water+ alum as CMO, Jennifer Yu in as Diageo’s VP of Brands and Culture and New Wave Soda Brings on J.W. Fischer as Sales VP.

Vita Coco Opens Trading on NASDAQ

The Vita Coco Company officially became a publicly traded company today when it was listed on the NASDAQ Global Select Market exchange under the letters COCO.