China
Will cloud kitchens takeover Asia Pacific's ordering scene?
JLL says demographics are stacked in favour of them due to the shift in consumer preference.
Luckin diversifies, inks juice joint venture with Louis Dreyfus
The business looks to capitalise on China’s “fastest-growing” NFC market.
Starbucks and Alibaba launch AI-powered food delivery service in China
Customers can now order simply by speaking to Alibaba’s smart speaker Tmall Genie.
Starbucks Reserve flagship store goes live in Tianjin, China
Its Bar Mixato offers over 30 options of Starbucks Reserve cocktails, wines, and craft beers.
Luckin Coffee's tea business to launch as an independent brand
The tea brand is expected to accelerate the company’s expansion into lower-tiered cities.
Yum China to acquire controlling stake in Huang Ji Huang
The transaction is expected to close in early 2020.
Burger King's China franchisee mulls Hong Kong IPO: report
TAB Food Investments could seek a US$1bn valuation.
Haidilao's sales grew by 59.3% to US$1.66bn in H1 2019
The chain’s 130 new store openings were key in its growth.
Ice cream shops market in China grew 14% in 2018: report
Mintel says there is potential in after-meal occasions.
Luckin Coffee CEO says they are on track to become the largest coffee chain in China
The chain added nearly 600 locations during Q2.
Fatburger opens fifth location in China
The new outlet is located in Beijing’s Pacific Century Place.
Yum China to invest up to US$525m to open at least 800 stores this year
Most of the upcoming stores will be KFC outlets and its new Coffii & Joy cafe chain.
Starbucks raises full-year earnings and revenue forecast, beats Q3 estimates
CEO Kevin Johnson says its US and China markets performed “extremely well”.
Luckin Coffee forms joint venture to enter Greater Middle East, India
China’s fastest growing coffee chain makes its first move overseas.
Popeyes reveals plan to open more than 1,500 restaurants in China
The chicken chain is the latest international brand to enter the growing market.
Inside Starbucks' first express retail store in Beijing
The coffee giant’s first ‘Now’ format combines its traditional café environment with their digital touchpoints.
