Benjamin Li
Aug 17, 2010

UPDATE: MediaCom scoops AB InBev's US$190m media in China

SHANGHAI - MediaCom China has confirmed that its Shanghai office has won AB InBev’s media pitch called in June. The contract reportedly worth US$190 million (RMB1.3 billion) takes effect on 1 October.

UPDATE: MediaCom scoops AB InBev's US$190m media in China

MediaCom will handle all AB InBev’s China media planning and buying duties, including its most popular beer brands Budweiser, Harbin and Sedrin. MediaCom becomes the first non-roster agency to win AB InBev without a prior global alliance with the company.

The incumbent agency ZenithOptimedia Shanghai has worked with the brewery for the last two years. Currently the client buys half of its media through ZenithOptimedia and the rest through various brokers.

AB InBev called a media pitch in June to consolidate its media buying under one international media agency. The pitch also involved MPG and ZenithOptimedia.

AB InBev China claims a market share of 15.4 per cent on its website. The brewer owns global brands like Budweiser and Beck's, as well as key local brands like Harbin, Sedrin and Red Rock.

Commenting on the decision, Rex Wong, AB InBev APAC vice-president of marketing, said, “All of the competing agencies presented a compelling case, so the decision was a hard one to make."

He added that MediaCom best met the company's future business needs and believes that the agency will be able to take the brewery to a new level.

GroupM China CEO Bessie Lee said this is one of the biggest wins for GroupM this year and the start of a special business relationship.


Source:
Campaign China

Related Articles

Just Published

9 hours ago

TikTok commercial lead: 'We don't want to take the ...

Sofia Hernandez, global head of business marketing and commercial partnerships, spoke to Campaign about the importance of agencies.

9 hours ago

Predictability is power, but only when business ...

Trust and predictability are practical tools for navigating complexity, but leaders must be steady, not static, says Edelman's CEO for Hong Kong, Taiwan and Singapore.

10 hours ago

Agency Report Card 2024: PHD

With robust retention rates in 2024 and an expanding presence in China, PHD had a league-topping year. But with new business wins on the slow and an impending merger, it remains to be seen how the agency can overcome incoming challenges.

10 hours ago

Meta expands Advantage+ with Gen AI ad creativity ...

Meta has enhanced its Advantage+ advertising platform with new generative AI tools designed to help advertisers create personalised, brand-consistent ads at scale.