logo
Talking Rain Boosts Convenience Store Presence with New C-Store VP, Chelsea Sobran

Talking Rain Boosts Convenience Store Presence with New C-Store VP, Chelsea Sobran

Yahoo10-02-2025
PRESTON, Wash., Feb. 10, 2025 (GLOBE NEWSWIRE) -- Talking Rain Beverage Company®, makers of the No. 1 sparkling water brand, Sparkling Ice®, today announced the hiring of Chelsea Sobran, VP of Convenience Channel, who brings a deep understanding of the consumer landscape and spearheads the company's strategic growth in the convenience store market.
'As with other Talking Rain distribution channels, the convenience store channel strategy revolves around meeting our consumers where they are. When our consumers are on the go, they find the convenience store cold vault a great place to pick out and try new products,' said Sobran. 'Given the pent-up demand for better-for-you beverages, and Talking Rain's wide range of offerings, we expect to see Talking Rain more than double its c-store sales over the next three years.'
Sobran's role entails growing the company's sales footprint by developing and maintaining relationships with the largest and most complex retailers in the convenience channel and ensuring Talking Rain products look irresistible on the shelf. Sobran has seen a marked transition take place in beverage options at c-stores, first expanding from regular soda to diet soda, and most recently toward better-for-you beverages.
Sobran joins the Talking Rain team at the beginning of a year dedicated to accelerated growth through new flavors and product offerings, as well as an expansion of partnerships. Most recently, Talking Rain announced the launch of its Sparkling Ice STARBURST RED PACK, a continuation of the brand's partnership with STARBURST, which first became a runaway hit in 2024. Flavor fans can expect several new Talking Rain products and formats to launch in 2025.
Before joining Talking Rain, Sobran spent ten years at Nestlé Waters North America, where she held roles in sales, analytics and marketing across both Canada and the United States, before moving on to serve as the sales VP at Keurig Dr Pepper. There she developed and led a sales team for the commercial coffee business unit across convenience, foodservice and hospitality channels.
'We are excited to welcome Chelsea to the team, marking another strategic investment in our company's expansive growth trajectory,' said Ken Sylvia, CEO of Talking Rain Beverage Co. 'Chelsea brings a wealth of expertise that will be pivotal as we expand our presence and introduce new Sparkling Ice flavors, along with other Talking Rain products, to the convenience sector nationwide. This move ensures that our flavorful beverages are more accessible to consumers everywhere.'
Learn more about Talking Rain at https://www.talkingrain.com.Talking Rain, the makers of Sparkling Ice®, is a family-owned company based in Preston, Washington. Through nearly four decades of redefining the sparkling water category, Talking Rain has crafted a remarkable collection of full-flavored, better-for-you beverages, including the #1 sparkling water brand in the U.S., Sparkling Ice (also available in +Caffeine and +Energy). Talking Rain drinks have zero sugar, are enriched with vitamins and antioxidants, and come in a delicious array of bold flavors. Talking Rain believes in sharing its success to support healthy communities, personal wellbeing, and greater inclusivity. We live life in full flavor and believe the world should, too.
For more information, please visit https://www.talkingrain.com.
Media ContactAnnie AlleyFirmani + Associates206-466-2713talkingrain@firmani.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1fa074c4-5a5f-40ec-a07a-6bc9579ef3d3
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Folqs Highlights First-Day, Grass-Fed Colostrum Powder Amid Global Surge in Demand
Folqs Highlights First-Day, Grass-Fed Colostrum Powder Amid Global Surge in Demand

Business Upturn

time6 hours ago

  • Business Upturn

Folqs Highlights First-Day, Grass-Fed Colostrum Powder Amid Global Surge in Demand

Wilmington, DE, Aug. 08, 2025 (GLOBE NEWSWIRE) — Folqs, a U.S.-based wellness company, introduces new consumer product, Folqs First-Day Colostrum Powder . This positions the company within the growing colostrum supplement sector, which has recently exceeded $3 billion in global market value, according to industry research. The product is formulated from bovine colostrum collected on the first day after birth and sourced exclusively from grass-fed, pasture-raised cows located in the United States. Processing and packaging are conducted domestically at an FDA-registered facility that operates under Current Good Manufacturing Practices (cGMP). This announcement marks Folqs' formal entry into a sector experiencing measurable growth. A 2025 report from Grand View Research estimates the global colostrum market will sustain a compound annual growth rate of approximately 7% through 2030. Concurrently, online search interest in colostrum-related supplements has risen 68% year-over-year, based on recent data from Google Trends. Product Developed for Adults Focused on Dietary Supplementation According to the company, Folqs First-Day Colostrum Powder is unflavoured and designed to dissolve quickly into liquids. It is intended for use by adults who are exploring food-based supplement options. The product contains naturally occurring bioactive compounds found in colostrum, including immunoglobulins and growth factors Folqs has indicated it does not add any artificial ingredients or flavoring agents during production. The colostrum used is collected only after the needs of the newborn calf have been met, under a sourcing policy the company refers to as 'Calf-First.' This policy stipulates that calves receive their full share before any surplus is gathered for human use. Each batch undergoes third-party testing, with screening for microbiological content, heavy metals, and nutritional composition. Documentation of testing is maintained for internal quality control and regulatory compliance. Market Timing Reflects Broader Consumer Shift Toward Food-Based Supplements The decision to launch into the colostrum segment comes at a time when consumer attention to supplement sourcing and transparency has intensified. Data from the Council for Responsible Nutrition (2024) indicates that only 52% of U.S. supplement users consider product labels to be 'very trustworthy.' Folqs' leadership said that these statistics informed its approach to formulation, production, and consumer messaging. 'Consumers are tired of vague 'proprietary blends.' By sharing our lab reports and guaranteeing results, we're setting a new transparency bar for the $3 billion colostrum space,' said David Johnson, Company Spokesperson. Johnson noted that Folqs will prioritize third-party testing as part of its operational model. 'We've aligned our product development process with the demand for greater transparency in supplement sourcing,' Johnson said. 'Every decision, from raw ingredient origin to packaging, was shaped by current expectations in the space.' Availability and Purchasing Details Folqs First-Day Colostrum Powder is exclusively available through the company's official website, Pricing, serving guidelines, and detailed product specifications are provided on the site. No retail or third-party distribution agreements were announced at the time of release. The product is offered under a customer refund policy referred to as the 90-Day Money-Back guarantee, allowing purchasers to request a refund if unsatisfied. Folqs stated that this policy was introduced to address consumer hesitations common in the dietary supplement category. No Comparisons or Claims Made Against Competing Brands Under established content distribution standards, Folqs has not made any comparative statements regarding other colostrum products on the market. Folqs emphasized that its entry into the colostrum market is grounded in sourcing and production controls, rather than marketing-driven distinctions. It has not used or referenced any competing companies or their product names in its communications. Regulatory and Testing Framework The colostrum is processed in a facility that meets federal registration and cGMP compliance criteria. Third-party laboratories are used to conduct batch testing. All production occurs within the United States, and the company maintains that its supply chain remains fully domestic at this time. No claims have been made about the product's ability to prevent, treat, or cure any medical condition. The company has not submitted its product for review by the Food and Drug Administration, as it is sold as a dietary supplement and not a drug. About Folqs Folqs is a privately held wellness company headquartered in Wilmington, Delaware. It specializes in sourcing and manufacturing food-based supplements. The company's operational focus includes domestic production, third-party testing, and ingredient transparency. Folqs First-Day Colostrum Powder is its first product offering. Media Contact Company Name: FolqsContact Person: David Johnson Email: [email protected] Phone: 800-975-4495Country: United States Website:

Lexin Reports Q2 2025 Financial Results: Revenue Hits RMB 3.59B with 15.6% QoQ Growth; Profit Rises for 5 Straight Quarters as Scenario-Based Transactions Surge to Spur Consumption
Lexin Reports Q2 2025 Financial Results: Revenue Hits RMB 3.59B with 15.6% QoQ Growth; Profit Rises for 5 Straight Quarters as Scenario-Based Transactions Surge to Spur Consumption

Business Upturn

time11 hours ago

  • Business Upturn

Lexin Reports Q2 2025 Financial Results: Revenue Hits RMB 3.59B with 15.6% QoQ Growth; Profit Rises for 5 Straight Quarters as Scenario-Based Transactions Surge to Spur Consumption

Shenzhen, China , Aug. 08, 2025 (GLOBE NEWSWIRE) — On August 7, 2025, Beijing time, Lexin (NASDAQ: LX), China's leading new-consumption digital technology service provider, today announced its unaudited financial results for the second quarter of 2025: revenue reached RMB 3.59 billion , up 15.6% quarter-over-quarter (QoQ); profit (Non-GAAP EBIT) was RMB 670 million , up 15.2% QoQ and 116.4% year-over-year (YoY). Q2 profit was the highest in 14 quarters, marking the fifth straight quarter of sequential growth, while multiple core business indicators continued to improve. In terms of scale, the company's transaction volume in the second quarter was RMB 52.86 billion ; the total loans under management was RMB 105.78 billion ; and the number of users reached 236 million. In terms of asset quality, risk indicators have continued to improve for 4 consecutive quarters: the FPD7(First-payment default) of newly added assets in Q2 decreased by approximately 5% QoQ; the delinquency rate of all assets dropped by about 2% QoQ; and the 90+ day non-performing loan ratio of all assets fell by around 6% QoQ, with asset quality improving quarter by quarter. In terms of financial indicators, the company's profit margin (annualized net profit / loan balance) in the second quarter increased by 34 basis points compared to the first quarter, with consecutive quarterly growth of more than 20 basis points for multiple quarters. Lexin has always placed great emphasis on shareholder returns. With the approval of the Board of Directors, the ex-dividend and ex-rights date for the first half of the year is set for August 26. A cash dividend of US$0.194 per ADS will be distributed on September 15, representing approximately 25% of the first-half net profit. This payout is roughly 76% higher than the US$0.11 per ADS dividend for the second half of 2024. Starting in the second half of this year, the dividend payout ratio will be raised from 25% to 30% of net profit. In July, Lexin also launched a US$60 million share-repurchase program. Together, these measures are expected to further increase shareholder returns, underscoring the company's commitment to shareholder value and its confidence in long-term growth. Xiao Wenjie, CEO of Lexin, stated: 'The company has adhered to a strategic transformation driven by risk and data to achieve refined operations, delivering another quarter of high-quality growth. Facing an uncertain macro environment, the company has adhered to a prudent business strategy, with steady growth in ecological businesses, continuous improvement in asset quality, and a sustained recovery in profitability, leading to more stable development. Looking ahead to the third quarter, we will continue to operate steadily, actively leverage the synergistic advantages of ecological businesses, enhance the company's operational resilience, maintain a continuous decline in risks, and achieve continued profit growth. Therefore, we maintain our full-year net profit guidance of significant YoY growth.' Ecological Business Gains Momentum as Unique Advantages Unlock New Growth Since the beginning of this year, policies such as the 'Action Plan for Boosting Consumption' and the 'Guiding Opinions on Financial Support for Boosting and Expanding Consumption' have been rolled out, emphasizing 'expanding financial supply in consumption,''increasing personal consumer loan issuance,' and 'deepening integration of financial services with consumption scenarios.'Lexin actively aligns with these policies by enriching its product suite and optimizing user experience, bridging consumer intent with action in a more convenient and affordable way and continuously contributing to consumption growth. In Q2, Fenqile Mall comprehensively upgraded its supply chain, onboarded numerous well-known brand merchants, and strengthened enhanced offerings such as 'Zhenpin Hui' and 'Factory Store' to meet users' diversified needs. High-quality consumption scenarios combined with major promotion activities drove the GMV of Fenqile Mall to rise continuously. Especially during the '6·18' period, GMV increased by 139% YoY, effectively boosting consumption. Small and micro enterprises are crucial to economic and social development and people's livelihoods. Inclusive finance plays an important role in solving the funding difficulties of small and micro enterprises and enhancing their resilience. In May 2025, the State Financial Regulatory Administration issued a document requiring inclusive finance to 'deepen the financing coordination mechanism' and 'accurately match financing needs'. During the quarter, Fenqile Inclusive, a subsidiary of Lexin, upgraded its products and services using big data and AI large models, continuously optimized user experience, improved the accuracy of credit matching, and effectively avoided misrejection issues caused by seasonal and cyclical business fluctuations. It supported the development of small, micro, and even smaller enterprises with low-interest and high-limit financial products. The 'Believe in Small Dreams' program of Fenqile Inclusive has been implemented in more than 330 counties and cities across 30 provinces, autonomous regions, and municipalities,facilitating RMB 4.69 billion in loan disbursements. In terms of digital technology business, Lexin has profound experience and an expert team in quantitative risk control, with cross-institution and cross-platform risk control capabilities. Through localized deployment of delivery and services, it has significantly improved partners' customer acquisition efficiency and retention rate. During the quarter, the number of loan users increased significantly, and transaction volume rose by 171.3% QoQ. In overseas business, Lexin has continuously optimized customer acquisition channels and customer quality, strengthened risk operations, localized management, and integrated marketing strategies achieving continuous optimization of asset structure and growth in scale and revenue for multiple consecutive quarters. Lexin keeps deepening innovation across its ecosystem. All businesses are growing steadily, reinforcing a virtuous cycle of complementary synergy and circular enhancement that builds unique competitive moats while generating significant social value. Risk Control System Upgrade and AI Agent Implementation: Dual-Drive to Consolidate Underlying Capabilities Financial reports show that Lexin's R&D investment in the second quarter was RMB 160 million, up 10% YoY, remaining industry-leading. Long-term technological investment has consolidated underlying capabilities, and the risk and data dual-drive strategy has enhanced the company's operational resilience in responding to industry challenges. In Q2, Lexin focused on the special identification and disposal of customer groups vulnerable to industry risk fluctuations, and promoted the growth of high-quality customer scale through interactive re-offer. At the same time, the company upgraded its risk control system using AI large models, increased the construction and application of intelligent risk control tools, improved the efficiency of risk decision-making and the accuracy of quota and price strategies, promoted the upgrading of risk management from quantification to intelligence, and built a leading advantage in risk management capabilities. The localized AI large models are also applied to multiple important business scenarios. For example, in the post-loan management field, the intelligent data auxiliary platform realizes full-process AI empowerment from case allocation, collection operations to user management and withholding strategies, driving a significant improvement in post-loan repayment efficiency. AI large models and intelligent agents are reshaping Lexin's business processes, becoming the core engine for improving operational efficiency and user experience. The self-developed AI Agent made significant progress during the quarter, with 50 'AI Agent positions' launched, driving improvements in management and operational efficiency. Within this year, Lexin's AI Agent positions will be expanded to more than 100, covering scenarios such as auxiliary strategy optimization, collection quality inspection, and decision-making efficiency improvement, promoting the upgrading of risk management accuracy and laying a safety cushion for long-term development. By virtue of its innovative exploration and application in AI large models and intelligent agents, Lexin won the 'Best AI Technology for China's Fintech Companies' award from The Asian Banker in Q2. This is also the company's seventh consecutive year of winning honors from The Asian Banker. Lexin focuses on the top-level design and long-term mechanism construction of consumer protection governance, promotes the integration of consumer protection into the entire business chain, and builds a 'predictive' rights protection system driven by user needs and product experience, promoting the high-quality development of consumer protection work. In Q2, the company increased technological investment in consumer protection work, improved more than 50 digital, intelligent, and model-based tools, and enhanced service response rate and user satisfaction. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash

JinGangShan Association Unveils SGD $43 Billion Sanctuaries in Indonesia and Malaysia, Forging a New Paradigm in Heritage and Asset Protection
JinGangShan Association Unveils SGD $43 Billion Sanctuaries in Indonesia and Malaysia, Forging a New Paradigm in Heritage and Asset Protection

Business Upturn

time11 hours ago

  • Business Upturn

JinGangShan Association Unveils SGD $43 Billion Sanctuaries in Indonesia and Malaysia, Forging a New Paradigm in Heritage and Asset Protection

By GlobeNewswire Published on August 9, 2025, 01:35 IST Singapore, Singapore, Aug. 08, 2025 (GLOBE NEWSWIRE) — The JinGangShan Asia-Pacific General Association today announced the official launch of two landmark initiatives valued at a combined SGD $43 billion, with strategic developments on Bintan Island, Indonesia, and Penang Island, Malaysia. These flagship projects—the ultra-secure Bintan Citadel and the bi-national Life Memorial Services Park—mark a significant milestone in the Association's mission to create the world's foremost sanctuary for safeguarding human cultural heritage and wealth for generations to come. JinGangShan Asia-Pacific General Association JinGangShan Asia-Pacific General Association (Note 1) 1. Executive Summary JinGangShan Asia-Pacific General Association has dedicated its efforts to creating a globally prominent underground shelter system on Bintan Island, Indonesia. Our landmark 800-hectare camel-shaped plot is a meticulously planned development, distinguished by its seamless integration of a Free Trade Zone (FTZ)—unaffected by global unrest—a robust tunnel security system, and an international convention and exhibition center. With a project portfolio estimated at a total membership value of SGD $43 billion, our grand vision is realized through two core pillars: The Life Memorial Services Park (Note 2) (SGD $3 Billion): A world-class spiritual and cultural sanctuary dedicated to the perpetual inheritance of life and cultural heritage. Its core, the Grand Sarira Museum, will cover approximately 2,700 acres of hinterland is set to challenge the world record as the largest of its kind. The Bintan Citadel (SGD $40 Billion): An ultra-secure, comprehensive complex featuring a state-of-the-art underground fortress for personal and asset protection, an offshore financial Free Trade Zone (Note 3), and prestigious surface-level 'Second Home' living facilities. We are not merely developing real estate, but rather guarding human cultural heritage and wealth by forging an eternal subterranean sanctuary. 2. Project Location Our headquarters and development project are strategically located on Bintan Island, Indonesia, in close proximity to Singapore. (Note 4) Address: Galang Batang, Bintan Regency, Riau Islands Province, Indonesia Galang Batang, Bintan Regency, Riau Islands Province, Indonesia Coordinates: 0°55′13.3′′ N, 104°37′42.2′′ E 3. Vision To create the world's foremost sanctuary for humanity, heritage, and assets—a new paradigm of security and protection from unrest, that is self-sustaining and can endure for generations. 4. Mission We adhere to four fundamental commitments to achieve our vision: Integrate timeless spiritual wisdom with cutting-edge technology and world-class infrastructure. timeless spiritual wisdom with cutting-edge technology and world-class infrastructure. Deliver uncompromising security standards, safeguarding personal safety and assets through our series of high-tech underground facilities. uncompromising security standards, safeguarding personal safety and assets through our series of high-tech underground facilities. Construct a vibrant international hub for business, culture, and distinguished living, empowered by the prestigious Indonesian 'Second Home' visa program and Indonesia's mini 38 provinces exhibition center (Note 5) to attract external investment and financing. Adhere to the highest principles of sustainable development, setting a standard for peace amidst global unrest through various collaborations with global enterprises and royal families. 5. Core Values Heritage: We are faithful guardians of personal and spiritual legacies, ensuring their preservation and reverence. We are faithful guardians of personal and spiritual legacies, ensuring their preservation and reverence. Security: We provide sustainable security. Our commitment to member safety, asset protection, and complete confidentiality is an unshakable cornerstone. We provide sustainable security. Our commitment to member safety, asset protection, and complete confidentiality is an unshakable cornerstone. Excellence: We demonstrate unparalleled excellence through world-class partnerships and innovations in high-tech fields. We demonstrate unparalleled excellence through world-class partnerships and innovations in high-tech fields. Harmony: We seek a harmonious balance between the buildings and natural environment, allowing all who are destined to find it a spiritual haven of physical and mental tranquility. We seek a harmonious balance between the buildings and natural environment, allowing all who are destined to find it a spiritual haven of physical and mental tranquility. Integrity & Responsibility: We operate with unwavering integrity, adhering to global ESG principles and the highest standards of responsible development. 6. Core Projects & Developments Our vision is manifested through two unique and complementary landmark developments: A. The Life Memorial Services Park – A Legacy for Eternity Project Value: SGD$3 Billion This memorial park is the spiritual soul of our development, offering a serene environment for remembrance, cultivation, and cultural immersion. The Grand Sarira Museum: Accessed via a stupa-lined corridor, this magnificent Sarira museum's hinterland occupies 2,700 acres, challenging the record as the world's largest. It's a grand, bell-shaped structure that houses Sariras from various Arhats. Accessed via a stupa-lined corridor, this magnificent Sarira museum's hinterland occupies 2,700 acres, challenging the record as the world's largest. It's a grand, bell-shaped structure that houses Sariras from various Arhats. Life Memorial Services Park: An elegant and solemn final resting place, designed with the tranquil landscapes of Chinese gardens. B. The Bintan Citadel – A Fortress for the Future Project Membership Value: Approx. SGD$40 Billion This is the ideal sanctuary for members of the international community seeking ultimate protection and an alternative lifestyle in a turbulent world. Underground Fortress and Private Vaults: An underground shelter designed to the highest specifications. It is fortified with materials such as reinforced concrete, thick steel plates, and high-density lead to withstand external threats. Inside the fortress, members have access to private offices, meeting rooms, and highly secure vaults, all protected by multi-layered biometric and AI-driven surveillance systems. An underground shelter designed to the highest specifications. It is fortified with materials such as reinforced concrete, thick steel plates, and high-density lead to withstand external threats. Inside the fortress, members have access to private offices, meeting rooms, and highly secure vaults, all protected by multi-layered biometric and AI-driven surveillance systems. A Second Home Above Ground: A multi-functional living and ecological space above ground that complements the underground security facilities. Its features include: Prestigious Residences: SOHO-style serviced apartments (approx. 300 sq. meters). SOHO-style serviced apartments (approx. 300 sq. meters). Indonesian 'Second Home' Visa: A core benefit for members and one of their immediate family members, providing a key pathway to long-term residency. A core benefit for members and one of their immediate family members, providing a key pathway to long-term residency. Bintan Convention and Exhibition Center: A miniature Indonesian exhibition center to showcase resources and products from across the nation to the world. A miniature Indonesian exhibition center to showcase resources and products from across the nation to the world. Integrated Lifestyle Amenities: A complete ecosystem including a shopping mall, cinema, parks, and recreational facilities. 7. Foundational Strengths Superior Geographical Location: Our project is situated in a region with proven geological stability, historically free from the threat of major natural disasters. Global Strategic Access: Located at the crossroads of international maritime shipping routes in the trade route of the Straits of Malacca, it possesses outstanding geopolitical and logistical advantages. Top-Tier Partners: Our NCP project is executed in collaboration with global leaders, including AECOM and the environmental innovation enterprise Napital, ensuring world-class excellence and a foundation of ESG integrity. (Note 6) Notes: 1. JinGangShan Asia-Pacific General Association: – Organization Chart – Main License – Indonesia License – Singapore License – Malaysia License – Myanmar License 2. Life Memorial Services Park License 3. Zoning Map for Our Free Trade Zone 4. Bintan Island Headquarters License 5. APGA's IBA and Indonesia Investment Coordinating Board (BKPM) Signed MOU for 38 Provinces Exhibition Center 6. Our NCP Project Agreement with AECOM & Napital For more information on our associated licenses/permits and organization chart: click here . Press inquiries JinGangShan Asia-Pacific General Association Yu Wen Sherry Pai [email protected] (886) 919503811 0°55′ Galang Batang, Bintan Regency, Riau Islands Province, Indonesia Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store