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China’s popular low-alcohol wine brand ‘MissBerry’, backed by beer giant Budweiser has been handed a fine for violating the country’s advertising law, as China intensifies scrutiny on alcoholic drinks advertising.
Major global beer brands have announced that they are withdrawing and halting business plans in Russia this month, as more companies dash for the exit as Russian invasion into Ukraine turns into a costly affair for companies.
Budweiser, the popular beer brand owned by AB InBev, has been reportedly fined the third time in mainland China for violating advertising law this year.
Remember when people used to say that beer tasted like urine? Some people in China started spreading rumors that it doesn’t just taste like it but is made out of it.
With nationwide lockdown amid COVID-19 outbreak, China’s e-commerce giant JD.com launched an online clubbing campaign to help drive alcoholic beverageContinue Reading
AB InBev, the world’s biggest brewery, has announced its plan to revive listing for its Asian business, Budweiser APAC division, in Hong Kong this week, after scratching the plan in July.