Leveraging its algorithmic distribution and content ecosystem, Douyin has flipped the old model of “people looking for products” into one where “products find people.” Read More
drinks
Two months after Beijing moved to soften its alcohol ban, some merchants report a faint sales uptick in August. But for most, the question remains: has business truly bounced back—or are deeper troubles still dragging the market down?
Read More
A consumer behaviour study by the Ministry of Commerce found that 60% of urban consumption now takes place at night, driven by young consumers born after 1995. Read More
As Australian wine stands on the cusp of a grand return, the mood within the industry has palpably shifted. How are these changes reflected in the sentiments of wine importers and merchants? Find out in our on-the-ground reporting from Chengdu, at the heart of the country's largest wine and spirits fair. Read More
Zong Qinghou, the self-made drinks billionaire who once became the country’s richest man, has passed away on Sunday at age 79 after ineffective treatment of an unnamed illness. Read More
With its immense population, surging incomes, and expanding global outlook, India is rapidly becoming a hotspot of opportunity for beverage alcohol brands in the foreseeable future. Read More
Thailand is banning alcohol sales nationwide ahead of its general election on May 14, denting the country’s US$23 billion drinks industry. Read More
ProWine Singapore, one of the region’s most important marketplaces for wines and spirits, will return for its third edition from September 5 to 8 at Singapore Expo, four years after its last edition as it aims to chart a growth map for the drinks trade in the post-pandemic Southeast Asian market. Read More
Strong performances in China and the US have shielded multinational drinks companies from the fallout of Covid-19 in recent months, according to analysis from IWSR. Read More
Residents in China's southern metropolis Shenzhen certainly had a boozy month of May. The city has given out RMB 50 million (US$7 million) worth of drinks voucher to local residents in an effort to boost alcohol sales amid pandemic. Read More