Legal
Devyani acquires Indian F&B operator Sky Gate Hospitality for $49.1m
Devyani acquires Indian F&B operator Sky Gate Hospitality for $49.1m
The deal is expected to be completed in May.
3 days ago
Nothing Before Coffee secures $2.3m in Pre-Series A funding
The fresh funds will be used to open 150 new cafes by 2026.
CHAGEE aims to raise $411m US IPO
It has an expected price range of US$26 to US$28 per share.
Guzman y Gomez reports 23.6% global network sales growth in Q3
The group reported positive growth in four markets it operates.
Domino’s Pizza China’s revenue soars 41.4% YoY in FY2024
The group expects to open approximately 300 net new stores in 2025.
Fore Coffee seeks $23m in IPO to fuel expansion
76% will be used to open 140 outlets across Indonesia.
Jollibee Group full-year net profit surges 17.7%
The group reported double-digit growth in local and international system-wide sales.
Singapore urged to cap F&B licenses amidst record closures
More than 3,000 restaurants folded up in 2024.
Tomoro Coffee founder steps down as Global CEO
Sands Talk Capital CIO was named as interim.
Luckin Coffee’s net revenue surges by 38% YoY in FY2024
Total number of stores increased by 37.5% YoY to 22,340.
Restaurant Brands International buys back Burger King China
The transaction price was approximately $158m in cash.
Philippine bourse lifts Jollibee’s foreign ownership limit
It was previously set at 40%.
Americana Restaurants’ net profit drops by almost 39% YoY in 2024
This was attributed to lower adjusted EBITDA, higher depreciation from new stores, and UAE corporate tax implementation.
Yum China’s net profit climbs by 10% YoY to $911m in 2024
Its net profit for Q4 2024 also increased by 18.6% to $115m.
Domino’s Pizza Enterprise to close 172 Japan restaurants to improve profit
The brand aims to focus on prefectures where it has the advantage.
Yum China sales increase by 5% YoY in 2024
The company increased its cash dividend to 50%.
Chinese bubble tea brand operator Guming eyes $200m in HK IPO
The brand is selling 158.6 million shares.
