China
Yum China names Johnson Huang as first chief customer officer
Warton Wang, currently the company's chief development officer, will succeed Huang as general manager for KFC.
Yum China names Johnson Huang as first chief customer officer
Warton Wang, currently the company's chief development officer, will succeed Huang as general manager for KFC.
Domino’s China operator files for Hong Kong listing
DPC revealed plans to open 120 new stores this year.
Yum China expands share repurchase plan
The company earlier said it might delist from the New York Stock Exchange by 2024.
Dairy Queen to open 600 more stores in China by 2030
The chain already has over 1,100 restaurants in the market.
Haidilao’s billionaire co-founder steps down as CEO
The announcement comes as the chain prepares to post its first loss since at least 2015.
Yum China grows sales despite Delta outbreaks
Net income increased 26% to US$990 million.
Starbucks China sees 14% dip in Q1 sales
The coffee giant’s global CEO acknowledged the impact of soaring inflation, higher worker costs and the impact of the Omicron variant on the business.
Starbucks China ties up with Meituan to widen delivery, offer private cafe bookings
More than 60 stores in Beijing, Shanghai, Shenzhen and Chengdu now offer this ‘1971 Salon’ reservation service, with plans to expand.
KFC China’s ‘blind boxes’ promo slammed for ‘causing food waste’, overspending
The promotional boxes have sold out, partly due to scalpers reselling the toys for higher prices.
Papa John’s inks deal to open over 1,300 stores in China by 2040
The franchisee development agreement is the biggest in the pizza chain’s history.
Tim Hortons China operator bets on compact “Go” format with METRO partnership
The first seven stores operating under the new agreement recently opened in four cities.
Jollibee ramps up expansion of three brands across China
The company described the country as one of their "four pillar markets".
Haidilao eyes US$301m share sale for credit facilities repayment
It previously announced it will be shutting down or suspending the operations of around 300 restaurants.
Jollibee, Yum China, RBI considering bids for Chinese restaurant chain Wagas: report
The owners of the Wagas business are seeking a valuation of US$800 million to US$1 billion or more.
Haidilao to close or suspend around 300 restaurants by end-2021
Affected employees would be redeployed within the group.
Tim Hortons China opens 300th store
The business, through a merger, is set to go public.
Domino’s Pizza China franchisee weighing Hong Kong IPO: report
A potential listing by Dash Brands Ltd. could raise about US$100 million.
