China
Why China’s foodservice sector surged to $385b
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).
MIXUE Group’s net profit surges 44.1% in H1
Earnings per share were up by 38.2% to $1.01 (RMB7.23).
Tim Hortons China posts net loss of $10.6m in Q2
Adjusted net loss per ordinary share was $0.17 (RMB1.21).
Yum China posts 4% revenue growth in Q2
Core operating profit rose by 14% YoY.
Luckin Coffee’s revenue surges by 47.1% YoY in Q2 2025
This was due to a rise in sales volume.
Starbucks China to cut Scope 3 emissions with AI and IoT
Over 7,500 Starbucks outlets are now connected to the new digital platform.
Tim Hortons China expands summer menu with new items
It features additional offerings such as yuzu-flavoured drinks, amongst others.
Starbucks rival Luckin Coffee makes US debut
The brand opened two sites in New York.
CHAGEE reports 15x PE ratio amidst international expansion
The brand has a total of 6,681 outlets.
Tim Hortons China posts net loss of US$8.1m in Q1
Adjusted basic and diluted net loss per ordinary share was US$0.29 (RMB2.10).
Yum China pilots new hands-free AI assistant for store managers
The new 'Q-Smart' AI assistant is now being piloted at select KFC stores.
