QSR Media Asia

Americana Restaurants’ net profit slumps by 48.2% YoY to $117.4m
The company’s revenue also declined by 15.2% to $1.61b in 9M 2024.
Domino's Pizza opens 1,000th store in China
The store is offering limited-time promotions via its ordering channels in the first 10 days of operation.
American Restaurants to continue TGI Fridays operations in MENA
It is 'unaffected' by TGI Fridays' filing of bankruptcy in the US.
Philippines' Figaro Coffee Group reports 36% surge in after tax net profit in 2024
The group’s growth was boosted by the expansion of its pizza business.
Philippines’ Max’s Group posts flat growth amidst restaurant closures
The group reported a 1.7% blended same-store sales growth.
How consumer trends and tech are shaping Singapore’s foodservice
F&B business closures rose by 19.7% in the last nine months.
Deliveroo HK, GO partner for exclusive takeaway, pick-up services
It features over 17 restaurants under the Black Sheep Restaurants umbrella. 
Weekly Global Wrap: McDonald's invest US$100m; Chipotle sued over portion size; Starbucks unveils Wicked merch
Here is a summary of the most interesting QSR news stories of the week globally.
Tim Hortons China’s net loss narrows to US$12.5m in Q3 2024
Adjusted corporate EBITDA was a gain of US$300,000.
Bread Ahead expands to the Philippines with SFRI partnership
SFRI plans to open 15 bakery locations and a bakery school.
Scuzo Ice ‘O’ Magic debuts in Surat
This opening marks the brand’s 53rd outlet in India.
Jollibee Group reports net income increase of 15.3% in Q3 2024
The group attributed the growth this quarter to its acquisition of Compose Coffee.
Shakey’s Pizza Asia posts flat revenue amidst expansion and sales building investments
However, the group expects sales boosts during the holidays to boost their net income to double digits by year-end.
Delivery Hero announces 15% stake via IPO of Talabat on Dubai Financial Market
The list of all shares is expected on the DFM in mid-December of this year.

Join the QSR Media Asia community

Exclusives

Exclusives

Executive insights 99 Pancakes eyes sales jump amidst Indian expansion
The restaurant’s growth will be financed by its most recent funding round.
Executive insights Gong cha counts on decadent drinks to capture Middle East market
The bubble tea trend is growing in the region, where the climate keeps it popular year-round.
Starbucks Korea opens high-tech store in Seoul
Its first reserve-only branch features AR art installations and a Mixology Bar.
Executive insights Chatime revamps Philippine menu in face of ‘boba’ bubble burst
It wants to go beyond just bubble tea by relaunching its smoothie line.
Marketing How KFC Singapore’s new marketing director plans to embrace tech 
Jaslyn Lam has 18 years of marketing experience under her belt.
New concepts Dairy Queen steers clear of China’s restaurant mid-market
It is also shunning a price war in the burger space, opting to go premium.
Executive insights Nothing Before Coffee eyes $4m raise to disrupt India’s coffee scene
The homegrown brand has already outlined its plans to build 400 stores across the country. 

Top News

Americana Restaurants’ net profit slumps by 48.2% YoY to $117.4m
The company’s revenue also declined by 15.2% to $1.61b in 9M 2024.
Domino's Pizza opens 1,000th store in China
The store is offering limited-time promotions via its ordering channels in the first 10 days of operation.
American Restaurants to continue TGI Fridays operations in MENA
It is 'unaffected' by TGI Fridays' filing of bankruptcy in the US.
Philippines' Figaro Coffee Group reports 36% surge in after tax net profit in 2024
The group’s growth was boosted by the expansion of its pizza business.
Philippines’ Max’s Group posts flat growth amidst restaurant closures
The group reported a 1.7% blended same-store sales growth.
How consumer trends and tech are shaping Singapore’s foodservice
F&B business closures rose by 19.7% in the last nine months.
Deliveroo HK, GO partner for exclusive takeaway, pick-up services
It features over 17 restaurants under the Black Sheep Restaurants umbrella. 
Weekly Global Wrap: McDonald's invest US$100m; Chipotle sued over portion size; Starbucks unveils Wicked merch
Here is a summary of the most interesting QSR news stories of the week globally.
Tim Hortons China’s net loss narrows to US$12.5m in Q3 2024
Adjusted corporate EBITDA was a gain of US$300,000.
Bread Ahead expands to the Philippines with SFRI partnership
SFRI plans to open 15 bakery locations and a bakery school.
Scuzo Ice ‘O’ Magic debuts in Surat
This opening marks the brand’s 53rd outlet in India.
Jollibee Group reports net income increase of 15.3% in Q3 2024
The group attributed the growth this quarter to its acquisition of Compose Coffee.
Shakey’s Pizza Asia posts flat revenue amidst expansion and sales building investments
However, the group expects sales boosts during the holidays to boost their net income to double digits by year-end.
Delivery Hero announces 15% stake via IPO of Talabat on Dubai Financial Market
The list of all shares is expected on the DFM in mid-December of this year.

Exclusives

Executive insights 99 Pancakes eyes sales jump amidst Indian expansion
The restaurant’s growth will be financed by its most recent funding round.
Executive insights Gong cha counts on decadent drinks to capture Middle East market
The bubble tea trend is growing in the region, where the climate keeps it popular year-round.
Starbucks Korea opens high-tech store in Seoul
Its first reserve-only branch features AR art installations and a Mixology Bar.
Executive insights Chatime revamps Philippine menu in face of ‘boba’ bubble burst
It wants to go beyond just bubble tea by relaunching its smoothie line.
Marketing How KFC Singapore’s new marketing director plans to embrace tech 
Jaslyn Lam has 18 years of marketing experience under her belt.
New concepts Dairy Queen steers clear of China’s restaurant mid-market
It is also shunning a price war in the burger space, opting to go premium.
Executive insights Nothing Before Coffee eyes $4m raise to disrupt India’s coffee scene
The homegrown brand has already outlined its plans to build 400 stores across the country. 

Join the QSR Media Asia community