China
Yum! China brings Beyond Meat's plant-based burgers to KFC, Pizza Hut, Taco Bell
Yum! China brings Beyond Meat's plant-based burgers to KFC, Pizza Hut, Taco Bell
The country remains one the world’s highest meat consumers.
Luckin Coffee gets NASDAQ delisting notice over sales fraud
The chain recently fired its CEO and COO.
Consumer attitudes in China “polarised” as restaurants reopen: report
Those who have been going out have done so multiple times.
Tim Hortons' China expansion gets supercharged with Tencent investment
The coffee chain plans to open 1,500 stores in the country.
Luckin Coffee sacks CEO, COO amidst accounting scandal
Jinyi Guo was named the chain’s acting chief executive.
Popeyes China to open first store in Shanghai next week
The move is part of its larger plan to have over 1,500 restaurants in the country.
Yum China sticks to dine-in, expansion plans post-virus
The company turned a profit despite being hard-hit by the pandemic.
Luckin Coffee's technology chief resigns amidst accounting scandal: report
The U.S. Securities and Exchange Commission is investigating the coffee chain for fabricating millions of dollars worth of sales deals.
Starbucks China banks on tech investments with Sequoia partnership
The coffee giant will look to form “commercial partnerships with next-generation food and retail technology companies”.
Starbucks partners with Beyond Meat, Oatly to introduce plant-based meat and drinks menu in China
Packaging for the new menu items is made from plant-based material.
KFC China to begin selling plant-based fried chicken
It will be sold at three outlets for a limited time.
McDonald's China apologises for banning Africans in Guangzhou store
The chain said the sign, which circulated on social media, is "not representative of our inclusive values”.
Starbucks expects China business to “fully recover” over the next two quarters
The decline of comparable store sales in March was less compared to February.
Luckin Coffee's value plunges after admitting to potential US$300m fraud
Billions were wiped off from its market capitalisation.
Yum China completes acquisition of controlling stake in Huang Ji Huang
The acquired brand operates 640 restaurants through a franchise model.
Yum China reopening stores as it sees “early signs of recovery”
Almost all stores that remained open since the start of the COVID-19 outbreak experienced “significant” declines in sales.
Starbucks to invest US$130m to build largest overseas roaster in China
The coffee chain shrugs off worries about the long-term impact of the COVID-19 outbreak.
Commentary
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