Founded 1962 in Taiwan by
蔡衍明 (Tsai Eng-meng) as a rice-cracker maker (Want Want China Holdings, listed in Hong Kong). The name
旺 means 'flourishing / prosperous' — doubled to
旺旺 it's a New Year auspicious phrase. The mascot is a wide-eyed cartoon boy whose smile became inescapable on packaging across the Sinosphere.