China

M&A critical amidst Luckin Coffee overseas growth, analyst warns

M&A critical amidst Luckin Coffee overseas growth, analyst warns

The brand is set to grow despite price wars, aided by efficiency, profits, and loyalty.
4 days ago

Domino's Pizza China expands presence with 62 new outlets

China is Domino’s third-largest international market by store count.
5 days ago

CHAGEE’s drinks reach 1.25-billion sales mark

The BO•YA Jasmine Green Milk Tea is a top seller in four Southeast Asian markets.
5 days ago

HEYTEA, POP MART launch Twinkle Twinkle campaign

This marks HEYTEA’s first globally coordinated co-branded launch.

Yum China targets lower-tier cities in next growth plans

The brand plans to reach 25,000 restaurants by 2028.

Luckin Coffee revenues up 50.2% in Q3 2025

However, total operating expenses increased by 57%.

RBI, CPE join forces to expand Burger King China’s presence

The partnership aims to grow the chain to over 4,000 locations by 2035.

Yum China’s revenue up 4% YoY to $3.2b in Q3

Same-store sales were up 1% YoY, whilst same-store transactions rose 4%.

Starbucks, Boyu Capital form JV to operate China stores

The deal is expected to close in Q2 FY2026, pending regulatory approval.

Why China’s foodservice sector surged to $385b

The sector’s value jumped to $385b in the first half of the year.

China restaurant sales likely slowed amidst spending crackdown: report

Yum China tops the sector for its strong franchise model and management.

KFC China’s Food Bank programme recognise in Fortune's 2025 Change the World list

The list recognises companies that drive positive social impacts.

Starbucks’ China stake draws final bids from Carlyle, EQT, and Chinese investors, Reuters says

The sale comes as Starbucks struggles with falling market share in China.

KFC China launches sub-brand serving Chinese and Korean-style fried chicken

The new concept is now part of Yum China's growing portfolio of sub-brands.

Chagee net income climbs 2.3% in Q2 2025

The tea chain has a total of 7,038 teahouses as of 30 June 2025.

Domino's Pizza China posts net profit of $9.1m in H1

Basic earnings per share came in at $0.07 (RMB0.50).