Legal

Pirata Group co-founder takes on role of interim CEO

The restaurant group operates 26 restaurants.

China bubble tea giants to apply for Hong Kong IPO

Both are planning to raise around $300m to $1b.

Flash Coffee shutters Singapore operations

The coffee chain plans to focus on Hong Kong.

Singapore firm sells stake in Philippine pizza business

GIC held a 16.8% interest in the pizza business.

Yum China revenue surges 25% in Q2

The group attributed the growth to both KFC and Pizza Hut's performance.

McDonald’s China owners plans $4b exit: report

The owners bought the business six years ago.

Chinese regulator reprimands Starbucks, Shake Shack over excessive data collection

The regulator urged these companies to take steps to protect these data.

Singaporean firm acquires Novaland F&B business

The buyer’s identify and deal value was not disclosed.

General Atlantic and Advent inches closer to buying Burger King India

Everstone Capital is reportedly selling 40.9% of Restaurant Brands Asia.

Singapore’s Flash Coffee bags $50m in Series B funding round

The brand plans to further its expansion plan with these fresh funds.

KFC India operator suffers 57% quarter earnings loss

Same-store sales in the operator's Pizza Hut operations also dropped 4%.

Chinese chain Mellower Coffee announces Vietnam exit

The brand first opened in Vietnam in 2019.

Shakey’s Pizza net profit surpasses pre-pandemic levels in 2022

This is thanks to the rise in dine-in sales and the expansion of its store network.

Tim Horton’s China operator to bring Popeyes to the Mainland

The operator will pour roughly $90m into the brand’s development in the country.

McDonald’s Korea fined $540k over data breach

The leak was said to be due to lax management.