China

Changes in consumer trends are boosting coffee sales in the country.

The offer is said to be the largest take-private in Asia if the food operator accepted.

KFC, Pizza Hut, and Taco Bell in China could soon belong to new owners.

E-commerce giant Alibaba will roll out chain of diners staffed by robotic waiters.

The fast food giant is pressing ahead with its expansion strategy.

The durian-based cafe brand is targeting 100 stores by 2020.

The move is part of the company’s efforts to improve their financial structure.

The global coffee chain will also collaborate with Alibaba's Hema supermarkets to establish “Starbucks Delivery Kitchens”.

The Canadian coffee and donut company plans to open more than 1,500 sites in the country.

The coffee chain reached a valuation of $1 billion.

The announcement follows notable competitors' expansion plans in the country.

One agreement involves the growth of a bak kut teh brand in Shenzhen and Guangzhou.

They sold all 34 locations to a private equity firm-owned portfoilo company.

The pretzel brand marks the start of their parent company’s growth strategy in the country.

Their first site recently opened at the Reel Mall in Shanghai. Wetzel’s Pretzels announced it has opened its first location in China, six months after signing a deal to enter the country. The American pretzel brand’s first store at the Reel Mall in Shanghai is the first of three Wetzel’s Pretzels which are slated to open in the coming months, and one of the fifty the brand has in the development pipeline for China. “Wetzel’s Pretzels offers a fresh-baked product, served fast. It’s a brand that will resonate well with consumers in Shanghai. With our first location open and corporate training center built, we’re looking forward to getting other locations up and running, and expanding the brand,” said Will Zhu, head franchisee for Wetzel’s Pretzels in China.

The brands target to have 10 locations by May 2019.