News

Luckin Coffee signs $1.38b coffee bean purchase memorandum with ApexBrasil

This marks the largest coffee bean procurement for the coffee giant.

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.

Jollibee launches first-ever global loyalty program

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

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.

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.

Americana Restaurants to continue TGI Fridays operations in MENA

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

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.

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

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

How consumer trends and tech are shaping Singapore’s foodservice

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

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

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

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.