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Voices/Cnbc/Why Budweiser Is No Longer The King Of Beer

Cnbc

@cnbc·4.2M subscribers·16.1K videos

Why Budweiser Is No Longer The King Of Beer

Posted

November 29, 2022

Views

2,439,482

Likes

17,340

Comments

4,598

Engagement

0.90%

Why Budweiser Is No Longer The King Of Beer · CNBC Television · Sentinel

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YouTube Description

as posted by the channel

Anheuser-Busch InBev is the world's largest brewer with 500 brands in more than 100 countries. In 2016, Flemish Interbrew and Brazilian Ambev, together known as InBev, merged with the American legacy company Anheuser-Busch, which ultimately brought AB under the leadership of 3G Capital. 3G Capital is a Brazilian-American global investment firm whose tactics include an aggressive, and at times controversial, cost-cutting strategy. AB InBev's longtime priority of aggressive acquisitions has been coupled with a focus on profit and price per barrel rather than volume share. Premiumization and expanding beyond beer continue to be winning strategies. In 2021, the company amassed $54.3 billion in revenue with 169,000 employees worldwide. As overall beer consumption has declined, AB InBev has transformed from merely a beer company to the largest beverage company in the world.

Chapters:

Produced by: Jade Tungul

Senior Managing Producer: Tala Hadavi

Graphics by: Christina Locopo, Jade Tungul

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Why Budweiser Is No Longer The King Of Beer

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Guests & Subjects Covered

Anheuser-Busch InBevFlemish InterbrewBrazilian AmbevG Capital G CapitalAB InBev'sAB InBevBecoming Anheuser-BuschChristina Locopo Jade Tungul

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