Legal
Luckin Coffee’s net revenue surges by 38% YoY in FY2024
Luckin Coffee’s net revenue surges by 38% YoY in FY2024
Total number of stores increased by 37.5% YoY to 22,340.
1 hour ago
Restaurant Brands International buys back Burger King China
The transaction price was approximately $158m in cash.
1 day ago
Philippine bourse lifts Jollibee’s foreign ownership limit
It was previously set at 40%.
3 days ago
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.
Burger King India operator eyes growth with expansion, digital push after Q3 loss
The group reported a $5.82m loss.
Oriental Kopi targets raising US$42m in IPO
Its IPO is priced at US$0.10.
Figaro Coffee Group earmarks $20.4m for 2025 expansion
The brand plans to open 40 to 60 new stores this year.
Boba Bhai raises $3.47m in Series A funding round
The round was led by 8i Ventures.
Yum! Brands terminates franchise agreement in Turkey
This will temporarily close 293 KFC and 254 Pizza Hut restaurants.
Jubilant FoodWorks reports 56.2% revenue growth in Q3 quarterly preview
The group operates five brands across six markets.
Jollibee subsidiary buys Taiwan casual restaurant chain Moon Moon Food
Moon Moon Food has 13 restaurants in Taiwan.
Rebel Foods secures $210m series G funding from Temasek
It also saw investment from existing investor Evolvence.
Yum China announces $360m share buyback H1 2025
This is part of a broader capital return plan
