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Yum China’s net profit climbs by 10% YoY to $911m in 2024
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
Singapore lifts permit requirement for pets in outdoor dining areas
About 40 restaurants are expected to benefit from this move.
Talabat Holding increases share offering for Dubai listing
The company will now offer 4.66 billion shares.
Hot pot operator Super Hi bounces back with $37.7m profit in Q3
The group attributed the growth to ongoing expansions and improved guest visits.
Talabat Holding sets IPO price range for Dubai listing
The price range has been set between US$0.41 and US$0.44 per share.
