Alcoholic Beverage

Online shopping made smarter

Online shopping made smarter

By Kacey Culliney

Online shopping company yihaodian.com has launched a collection of virtual supermarkets for mobile users throughout Shanghai’s metro system, with researchers claiming the development could offer NPD potential for food and drink brand owners.

Asahi to acquire Independent Liquor

Asahi to acquire Independent Liquor

By Kacey Culliney

Japan’s Asahi Group Holdings today announced an agreement to acquire 100% of Independent Liquor from Pacific Equity Partners and Unitas Capital in a 97.6bn Yen ($1.28bn) deal.

San Miguel profits up

San Miguel profits up

Philippine-based food and beverage giant San Miguel has reported
that consolidated net profits in the five months to May of this
year rose 32 per cent to PHP3.29 billion (€47.98m), due mainly to
higher operating income from increased...

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