China
KFC China launches its first healthy concept restaurant
KFC’s K PRO no longer sells fried chicken.
Apple Pay aims popularisation in China
It offered big discounts at major retailers.
Yum China gets dragged down by Pizza Hut's slump
Yum China Holdings Inc reported its quarterly sales below estimates, weighed down by sluggish growth at Pizza Hut.
KFC China launches limited edition Huawei phones in its 30th anniversary
Only 5,000 of the phone models are being released.
Starbucks keeps losing high-end market in China, APAC
Starbucks continues to receive underwhelming response in China and the Asian Pacific.
Weekly Global News Wrap Up: Global Fast Food Market will amount to $645.0-B by 2020; Rice Market is poised to thrive with the rise of the QSR industry; Mcdonald's takes a risk by using fresh beef
Here is a summary of the most interesting QSR news stories of the week from around the world.
Here’s how Yum China is leveraging local investors for its spinoff
A USD 460m investment is on its way.
Ajisen Ramen doles out USD 37.66m to revamp ordering system
It’s deploying 25,000 self-ordering tablets to all outlets.
Starbucks to open in Shanghai Disney Resort
It’s the first flagship store in a Disney Resort in Asia.
Here’s how Starbucks is dominating the China coffee market
It’s debuting its maiden international roastery in Shanghai.
China sovereign fund bids for USD 8b Yum unit: Bloomberg
The unit operates over 7,100 KFC, Pizza Hut outlets.
Can Yum Brands’ China division recover from back to back food safety scandals?
It’s pinning hopes on an ongoing spin-off.
Here’s what’s on the cards for the Asian foodservice industry in 2016
Western fast food is on a downtrend.
