China

Why China’s fierce cafe market is stirring up product innovation

Coffee and tea outlets will inch up at a CAGR of 1.4% from 2023 to 2027.

Luckin Coffee founders’ new coffee brand grows to 5,000 outlets 

The brand said they are currently the fifth-largest coffee brand in the world.

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.

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.