China
Tims China eyes 1,700 Popeyes restaurants in 10 years
Tims China eyes 1,700 Popeyes restaurants in 10 years
It opened its flagship store in Shanghai.
Chinese tea chain Heytea makes European debut
The chain was founded in 2012.
Yum China revenue surges 25% in Q2
The group attributed the growth to both KFC and Pizza Hut's performance.
Here’s what’s inside KFC’s 500th restaurant in Shanghai
The restaurant includes a feature like a dedicated reading area for kids.
McDonald’s China owners plans $4b exit: report
The owners bought the business six years ago.
Tim Hortons targets 1,000 stores in China by end 2023
The coffee chain recently opened its 700th store.
KFC China expands CSR initiatives
The initiatives ranges from supporting the disadvantaged and preserving the environment.
Dairy Queen to open 180 food-centric DQ restaurants in China by 2034
DQ’s franchise operator in China holds 1,000 DQ restaurants on the Mainland.
Chinese regulator reprimands Starbucks, Shake Shack over excessive data collection
The regulator urged these companies to take steps to protect these data.
Yum China opens 3,000th Pizza Hut in China
This marks a significant milestone for its 33-year growth in the market.
Subway inks 4,000 master franchise deal in China
This is the largest master franchise agreement in the brand’s history.
Domino’s Pizza targets 420 store openings after Hong Kong IPO
The brand currently has 638 stores in China.
Tim Horton’s China operator to bring Popeyes to the Mainland
The operator will pour roughly $90m into the brand’s development in the country.
Starbucks rolls out curbside pickup service in China
The service will be available in 1,000 stores in the country by next year.
Yum China profit plunges 89% in Q4
The company operates 13,000 restaurants on the mainland.
Luckin Coffee eyes SEA rollout
The Chinese coffee chain almost went bankrupt in 2020 following an accounting scandal.
Tim Horton’s launches partnership with Alibaba
The two plans to launch co-branded products aimed at Chinese coffee drinkers.
Commentary
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