China
Yum China opens 3,000th Pizza Hut in China
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.
GlobalData sees China’s hot drinks market exceeding $48b in 2026
The market may register a compound annual growth rate of 6%.
JFC expands China presence with 9th Tim Ho Wan store
The company plans to open 10 more in the market.
Coffee spending in China to grow from 2022 to 2026: Fitch
Firms are entering the growing coffee market in China.
Telecommunication giant Huawei is entering the coffee market
One registered trademark translates to “One Cup of Coffee Absorbs Cosmic Energy”.
Luckin Coffee now bigger than Starbucks in China
The scandal-tainted startup is staging a comeback.
Yum China launches ‘green’ KFC stores in Beijing, Hangzhou
The company expects the Green Pioneer Stores are expected to further cut GHG emissions.
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.
