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Chobani is an American food company specializing in strained yogurt.The company was founded in 2005 by Hamdi Ulukaya, [2] [3] a Kurdish businessman. [4] [5] [6] Chobani sells thick, Greek yogurt with a higher protein content than traditional yogurt and is one of the main companies to popularize this style of yogurt in the US. [7]
In 2012 Chobani had more than $1 billion in annual sales, [37] [38] and in 2012 it became the world's leading yogurt brand. [12] By 2017, Chobani reached a US market share of Greek yogurt of over 50%. [39] Chobani expanded internationally to Australia in 2011, [40] into Mexico in 2016 [41] and by 2021 it exported also to China, Malaysia and ...
Craft beer pioneer Anchor Brewing Co. — maker of its famous Anchor Steam and Christmas Ale beer —has been purchased by Chobani yogurt founder and billionaire Hamdi Ulukaya. Craft beer pioneer ...
Chobani's founder Hamdi Ulukaya is brewing up a slightly different vision for the Greek yogurt powerhouse. Late last week, Chobani inked a deal to buy ready-to-drink coffee company La Colombe for ...
In a recent interview on CNBC, Hamdi Ulukaya, founder of Greek yogurt phenom Chobani, discussed Whole Foods Market's decision to in 2014 drop the product from its store shelves. Ulukaya's reaction ...
General Mills' attempts to market Greek yogurt versions of Yoplait repeatedly failed. General Mills executives carefully studied these failures, concluded that what attracted consumers to Chobani was the charming authenticity of its rags-to-riches backstory, and decided to embrace the authenticity of the Yoplait brand's French heritage. [25]
Greek yogurt maker Chobani on Wednesday disclosed paperwork for its U.S. initial public offering (IPO), revealing a nearly 14% jump in nine-month net sales. The New York-based firm did not reveal ...
Yogurt maker Chobani is withdrawing its plans for an initial public offering in the United States after having delayed its listing plans earlier this year, marking the first high-profile casualty ...