News

Luckin Coffee slams anonymous report on alleged fraud

Luckin Coffee slams anonymous report on alleged fraud

The China-based coffee chain said it is taking “appropriate” actions on the matter.

OUE acquires majority stake in Indonesia-based coffee chain operator

Maxx Coffee will become an indirect subsidiary of the group.

Yum China's same-store CNY sales down almost half amidst Wuhan virus outbreak

The restaurant operator has also introduced contactless delivery services amidst slumping dine-in traffic.

Kura Sushi opens revolving sushi bar concept in the US

It’s the Japanese chain’s 25th restaurant in the country.

Yum China launches new fund for management team's families

This follows the company’s existing family care program for their general managers.

Jollibee padlocks 14 Yonghe King restaurants in Hubei, China due to coronavirus outbreak

The stores represent less than 1% of the company’s total store network.

Yifang to open latest UK outlet in Manchester

The Taiwanese tea chain opened its flagship UK tea shop in 2018.

HEYTEA launches mobile app in Singapore, Hong Kong

It was made in partnership with global financial technology firm Wirecard.

Reduced meat consumption amongst consumers to push veganism forward in 2020: analysts

The vegan industry is also challenged to prove their products as “actually” vegan.

How can fast casual restaurants thrive in Asia?

Deelish Brands CEO Moe Ibrahim will share his thoughts in a special session at the QSR Media Asia Conference & Awards 2020.

Number of restaurants worldwide serving Japanese food jumps 30% since 2017: report

Their number in Asia rose by nearly a half in the same period to 101,000 restaurants.

Jollibee Foods Corporation raises US$600 million from maiden bond offering

The company said that the offering was oversubscribed by almost 10 times the original securities amount.