China
Yum China targets lower-tier cities in next growth plans
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).
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.
Commentary
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