
American nutrition supplements company Herbalife Ltd. announced today it has created a “China Growth and Impact Investment Fund” to accelerate growth of its business in China. The RMB600 million (US$90 million) fund will focus on five key areas: new acquisitions in health and wellness products and companies; expansion of nutrition clubs; increasing and improving technology; providing additional research, learning and training; and public-private partnerships focused on eradicating obesity, the company said. Herbalife develops, markets and sells nutrition supplements, weight management, sports …
Herbalife Launches $90M Fund To Accelerate China Growth appeared first on China Money Network.
