News

Talabat Holding sets IPO price range for Dubai listing

The price range has been set between US$0.41 and US$0.44 per share.
2 days ago

Jollibee launches first-ever global loyalty program

The brand has teamed up with Landor to amplify this initiative.
2 days ago

Americana Restaurants’ net profit slumps by 48.2% YoY to $117.4m

The company’s revenue also declined by 15.2% to $1.61b in 9M 2024.
4 days ago

Domino's Pizza opens 1,000th store in China

The store is offering limited-time promotions via its ordering channels in the first 10 days of operation.
4 days ago

Americana Restaurants to continue TGI Fridays operations in MENA

It is 'unaffected' by TGI Fridays' filing of bankruptcy in the US.
4 days ago

Philippines' Figaro Coffee Group reports 36% surge in after tax net profit in 2024

The group’s growth was boosted by the expansion of its pizza business.
5 days ago

Philippines’ Max’s Group posts flat growth amidst restaurant closures

The group reported a 1.7% blended same-store sales growth.
5 days ago

How consumer trends and tech are shaping Singapore’s foodservice

F&B business closures rose by 19.7% in the last nine months.
5 days ago

Deliveroo HK, GO partner for exclusive takeaway, pick-up services

It features over 17 restaurants under the Black Sheep Restaurants umbrella. 
5 days ago

Weekly Global Wrap: McDonald's invest US$100m; Chipotle sued over portion size; Starbucks unveils Wicked merch

Here is a summary of the most interesting QSR news stories of the week globally.
5 days ago

Tim Hortons China’s net loss narrows to US$12.5m in Q3 2024

Adjusted corporate EBITDA was a gain of US$300,000.

Bread Ahead expands to the Philippines with SFRI partnership

SFRI plans to open 15 bakery locations and a bakery school.

Scuzo Ice ‘O’ Magic debuts in Surat

This opening marks the brand’s 53rd outlet in India.

Jollibee Group reports net income increase of 15.3% in Q3 2024

The group attributed the growth this quarter to its acquisition of Compose Coffee.

Shakey’s Pizza Asia posts flat revenue amidst expansion and sales building investments

However, the group expects sales boosts during the holidays to boost their net income to double digits by year-end.