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Dave has declined multiple acquisition offers and remains sole owner of GT's Living Foods, which is worth over $900 million and represents 40% of the U.S. kombucha market. [1] In 2019, Dave donated one million dollars to Kombucha Brewers International in an effort to solidify a “standard of identity to protect the integrity of the product.” [7]
GT’s Living Foods founder and CEO, GT Dave, tells Us exclusively how his business got off the ground and what is next for the brand. The pioneer began brewing and bottling Kombucha at age 15 and ...
GT's Living Foods' kombucha factory subjected workers to 'deplorable and abusive and disturbing working conditions,' according to a court ruling.
Kombucha (also tea mushroom, tea fungus, or Manchurian mushroom when referring to the culture; Latin name Medusomyces gisevii) [1] is a fermented, lightly effervescent, sweetened black tea drink. Sometimes the beverage is called kombucha tea to distinguish it from the culture of bacteria and yeast . [ 2 ]
In December 2018, GTS acquired an ownership stake in Wavelength Capital Management, a quantitative investment firm. [9] In June 2019, after the acquisition of the two Cantor Fitzgerald divisions, GTS stated it would expand into US corporate bond trading. [10] In December 2019, GTS acquired the equity options trading division of Barclays. [11]
Infor Nexus (formerly known as GT Nexus) is an independent business unit of Infor LLC offering a multienterprise supply chain network. The on-demand global supply chain management platform and integrated applications are used worldwide by businesses to manage global direct procurement, supplier networks, global logistics and global trade processes. [1]