Mixue dips toe into beer market with first major post-IPO purchase
The leading milk tea chain will pay $40 million for 51% of Fulujia, one of the country’s leading operators of stores selling beer-based drinks Key Takeaways: Mixue will pay 285.6…
BRIEF: San Miguel records revenue, profit growth in first half of 2025
San Miguel Brewery Hong Kong Ltd. (0236.HK) said on Monday its revenue rose 3.2% year-on-year in the first half of 2025 to $390 million, while its profit rose 31.9% to…
BRIEF: China weakness drags down Budweiser APAC’s profit, revenue
Beer maker Budweiser Brewing Co. APAC Ltd. (1876.HK) (Bud APAC) said on Wednesday its revenue fell 7% last year to $6.25 billion, while its profit dropped by 14% to $726…
Budweiser’s China glass drains as consumers have less to toast
The brewer’s Asia unit is being tripped up by slowing business in its largest regional market where a slowing economy is leading to growing consumer caution Key Takeaways: Budweiser APAC’s…
Slump from post-Covid high leaves Budweiser APAC with earnings hangover
The premium beer company has struggled to maintain its post-pandemic sales pace in a fiercely competitive market, but major sporting events later this year could boost demand Key Takeaways: Budweiser…
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