China

For the fourth quarter, Yum's operating profit rose by 23% to $71 million.

With a goal of creating a new customer-centric, digital-driven dining experience, the Victoria Square restaurant features new eight 'future' elements. These include buffet ordering, special menu, delivery to the table, newly-integrated McDonald's App, WeChat applet member points, mobile payment, two-point counter, and electronic dining cards.

The coffee behemoth delivered solid profit growth and its first ever $6 billion revenue quarter in Q1.

It follows the claims that food in two of its sites were said to contain diethylhexyl phthalate (DEHP).

It will focus on store refurbishments, menu innovation, as well as development in the digital space.

The launch of the Roastery will see the debut of Italian artisan Rocco Princi bakery and Teavana bar in China.

According to news sources, Street analysts are worried about cannibalization.

It has shut 16 stores under the 12 Hotpot brand to concentrate on larger ventures in China.

Yum! Brands, Inc. has reported results for the third quarter ended September 30, 2017.

The firm will change its registered business name to Golden Arches (China) Co Ltd.

The company is on track to double its profit in the five years through 2019.

It is reinventing its image as a youthful brand to engage the millennial consumers.

The company’s same-store sales grew 6%, with a 7% growth for KFC and flat for Pizza Hut.

It has a total orders of 24% in 8 countries and 17 universities from around the globe.

It plans to expand into the country’s more than 60 core mainstream city commercial complexes.

It is one of the largest corporate-sponsored grassroots sports programs in China.