China
Starbucks China posts record revenue of $6 billion in Q1
Starbucks China posts record revenue of $6 billion in Q1
The coffee behemoth delivered solid profit growth and its first ever $6 billion revenue quarter in Q1.
McDonald's in Shanghai denies allegations of food contamination
It follows the claims that food in two of its sites were said to contain diethylhexyl phthalate (DEHP).
Yum China outlines strategic plans for growth
It will focus on store refurbishments, menu innovation, as well as development in the digital space.
Starbucks unveils multi-sensory retail experience in the first Shanghai Roastery
The launch of the Roastery will see the debut of Italian artisan Rocco Princi bakery and Teavana bar in China.
Starbucks launches new store in China every day
According to news sources, Street analysts are worried about cannibalization.
Jollibee halts operation of hotpot chain in Shanghai
It has shut 16 stores under the 12 Hotpot brand to concentrate on larger ventures in China.
Pizza Hut China's system sales soar 17% in Q3
Yum! Brands, Inc. has reported results for the third quarter ended September 30, 2017.
McDonald's China changes business name
The firm will change its registered business name to Golden Arches (China) Co Ltd.
Jollibee Food Corp to accelerate expansion in China, US
The company is on track to double its profit in the five years through 2019.
KFC innovates the brand with new technology, quirky marketing campaigns
It is reinventing its image as a youthful brand to engage the millennial consumers.
Yum China's system sales up 10% in Q3
The company’s same-store sales grew 6%, with a 7% growth for KFC and flat for Pizza Hut.
Chinese food tops the food delivery preference of students
It has a total orders of 24% in 8 countries and 17 universities from around the globe.
McDonald's partners with China Overseas Land & Investment Ltd.
It plans to expand into the country’s more than 60 core mainstream city commercial complexes.
KFC launches 14th 3x3 Basketball Championship in China
It is one of the largest corporate-sponsored grassroots sports programs in China.
McDonald's shifts focus on China market
It eyes taking advantage of the growing middle income population.
Yum China, KFC integrate Smile to Pay facial recognition system
It is the first commercial application of the facial recognition payment technology globally.
McDonald's to reduce global antibiotic use in chicken products
It will begin implementing a new broiler chicken antibiotics policy in 2018.
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