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
Beer
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
Now, bottles of North Korean beer are finding their way onto Russian shelves — though at a price tag that has some locals raising eyebrows. Read More
Carlsberg Asia, facing fierce competition in the region’s beer market, unveiled what it called its “boldest partnership yet,” launching a Digital Acceleration Program with the region's three delivery giants - Meituan, Grab and Delivery Hero - to drive growth in on-demand retail. Read More
Following Trump's 30% tariff threat, EU is drafting a retalitation package targeting €72 billion worth of American goods including Bourbon, wine and beer. Read More
Vietnam had previously signed free trade agreements with the European Union, Australia, and New Zealand in 2018 and 2019, leading to the gradual elimination of tariffs on wine. However, the 60% excise tax could negate the benefits of these agreements. Read More
How much alcohol are people in Hong Kong drinking? Which drinks are falling out of favour, and which ones are bouncing back? We crunched the numbers from the past 20 years—so you don’t have to. Read More
China’s bar industry is undergoing a quiet transformation, expanding rapidly into lower-tier cities and localising its offerings to appeal to regional tastes, according to a new report. Read More