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Chinese bubble tea chain ChaPanda seeks $320m IPO in Hong Kong
It is set to be the biggest IPO in Hong Kong this year.
Chinese bubble tea chain ChaPanda seeks $320m IPO in Hong Kong
It is set to be the biggest IPO in Hong Kong this year.
Starbucks Malaysia owner may go private: report
Starbucks has nearly 400 stores in Malaysia
foodpanda parent denies reports of SEA business sale talks have soured
The sale was announced in September last year.
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.
Advent International not moving forward with Everstone deal: report
Everstone owns 40.9% of Restaurant Brands Asia.
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.