Legal

8 Mar 21
The payments will be based on the number of orders completed by each eligible rider.
24 Feb 21
The company remains confident in its “resilient” business model.
16 Feb 21
Jollibee is counting on Yoshinoya’s potential for delivery services amid varying restrictions on restaurants' dining capacity....
9 Feb 21
It asked a federal judge to allow it to restructure its finances through a court case filed in the Cayman Islands, where the company is...
5 Feb 21
Yum China said performance was impacted by regional resurgences of COVID-19.
18 Jan 21
The brand looks to focus on its core F&B business.
30 Nov 20
The company’s net profit rose by 8.4%.
4 Nov 20
The so-called scandal dates back to July 2017.
30 Oct 20
Delivery contributed almost a third of sales for KFC and Pizza Hut.
24 Sep 20
The chain was also found to have engaged in anti-competitive practices.
18 Sep 20
Deliberations are at the early stage.
1 Sep 20
Earlier reports say the company could raise around US$2 billion.
26 Aug 20
It hopes to have “satisfactory” results in succeeding financial year.
14 Aug 20
The company is also eyeing to have cloud kitchens.
13 Aug 20
Some of their proposed initiatives include extending subsidy schemes and waiving rents for four months.
12 Aug 20
It expects to remain profitable in the next 12 months.
8 Aug 20
It operates 10,000 restaurants in over 1,400 cities across China.
6 Aug 20
It expects financial performance to get progressively better in the next two quarters.
1 Aug 20
The move is expected to strengthen the group’s supply chain.
30 Jul 20
The fast food giant also has plans to reduce their stake in their Japan business.
21 Jul 20
The Indian chain shuttered 280 outlets between April and June.
14 Jul 20
Some investors questioned the voting process.
10 Jul 20
Talks are at an early stage.
9 Jul 20
ST Group, the chain’s operator in Australia, expects the petitions to not have any impact on their business.
8 Jul 20
Collectively, the business has 514 restaurants in its portfolio.
23 Jun 20
The Chinese startup’s stock price has lost 95% of its valuation since January.
19 Jun 20
The operator has been working on listing plans since the start of the year.
17 Jun 20
The operator also plans to trim its workforce amidst the viral outbreak.
4 Jun 20
They also expect to complete purchases of two coffee shops at a later date.
3 Jun 20
It suspended trading of shares last 21 April.
23 May 20
Part of the plan is to establish cloud kitchens.
21 May 20
The chain recently fired its CEO and COO.
19 May 20
Facebook co-founder Eduardo Saverin will also be joining the chain’s board of directors.
12 May 20
Jinyi Guo was named the chain’s acting chief executive.
12 May 20
Revenue growth was attributed to five coffee shops and eight food stalls opened since November 2019.
7 May 20
Its board says its working capital position remains healthy.
3 May 20
The U.S. Securities and Exchange Commission is investigating the coffee chain for fabricating millions of dollars worth of sales deals.
16 Apr 20
The stiffer measures came amidst the surge of delivery orders in the Lion City.
13 Apr 20
The decline of comparable store sales in March was less compared to February.
9 Apr 20
The company said it will concentrate on other markets.