Legal

The bakery chain’s owner SPC Group looks to further expand in Southeast Asia.

The company was able to open 109 stores across its core brand business in the last six months despite the pandemic.

An increase in mobile orders and drive-thru stores contributed to the sales hike.

Sales from the Philippine business declined due to continued restrictions.

The company added 315 new stores in the first three months of the year.

The Indian food delivery startup was valued at $5.4 billion in its most recent fundraise round.

The funds will be used in part to fulfill its obligations under a settlement with the U.S. Securities and Exchange Commission.

The payments will be based on the number of orders completed by each eligible rider.

The company remains confident in its “resilient” business model.

Jollibee is counting on Yoshinoya’s potential for delivery services amid varying restrictions on restaurants' dining capacity.

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 incorporated.

Yum China said performance was impacted by regional resurgences of COVID-19.

The chain was also found to have engaged in anti-competitive practices.

Deliberations are at the early stage.

Earlier reports say the company could raise around US$2 billion.

It hopes to have “satisfactory” results in succeeding financial year.