China
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
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.