Instant liquor retail market went through another consolidation as another major player has changed hands: Henan Liquor Easy Trading Corporation Limited (酒便利), has sold about 51% of its equity through a court-supervised auction. Read More
Beer
Saudi Arabia is easing one of its strictest social controls by allowing high-income non-Muslims to buy alcohol in designated stores, part of the kingdom’s broader push to open its economy and reshape long-standing religious restrictions. Read More
Thailand has lifted its 53-year-old ban on afternoon alcohol sales, scrapping the long-standing 2pm–5pm blackout in a major policy reversal aimed at boosting tourism and easing decades of confusion for retailers and travellers. Read More
China's delivery giant Meituan is reporting a record quarterly loss amid rising price war among its competitors. Read More
Japanese beer giant Kirin Holdings is in talks with Ankur Jain, founder of Indian beer company B9 Beverages, to exit its investment in the firm. Read More
Mixue, the world’s largest food and beverage chain by store count, has invested more than US$41 million in a beer company. What’s driving the tea giant’s bold move into the brew business? Read More
Korean liquor giants including Lotte had teamed up with celebrity chefs to unlock opportunities for alcoholic drinks. Read More
In China, the world’s most ancient beverage is finding new life in an unexpected place — the wine glass. Wineries, brewers, and even retail giants are blending tea and alcohol, hoping to brew a new path to young consumers’ hearts — and wallets. Read More
Russia’s pint of choice is changing fast. With EU beers priced out by hiked tariffs, Chinese beer exports doubled in August alone, making Russia China’s No. 1 beer market for the first time. Read More
The CEO of global beverage giant Suntory Holdings has stepped down after police discovered a supplement containing a controlled substance at his Tokyo home, ending the 66-year old veteran executive’s 11-year tenure at the Japanese drinks giant. Read More