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.
CHAGEE sees Q3 revenue slip amidst falling franchised teahouse sales
Basic earnings per share were RMB2.07 (US$0.29).
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).