APAC

Chagee revenue rises but net income falls sharply in Q1 2026

The chain is succeeding in its overseas expansion, but hometown GMV declined.

APAC leads global foodservice with 40% share in 2025 sales

China, India, and the Philippines continued to post strong growth.

Starbucks unveils The Devil Wears Prada 2 beverage lineup

It introduced a curated lineup of four beverages inspired by the film’s characters.

Asia emerges as fastest growing fried chicken market

Malaysia, Indonesia, and the Philippines lead the growth.

China sets pace in APAC’s fast-growing QSR market

This is driven by rapid urban growth and an expanding middle class.

Starbucks bridges South Korea and Japan with seasonal drink exchange

Each market is offering reinterpretations of the other’s spring drinks.

APAC cafe growth widens as new beverage concepts emerge

Specialist coffee and tea market to reach $45b in 2025.