News
Weekly Global Wrap: Uber files lawsuit against DoorDash; Denny's closes more US restaurants; Mixue eyes $500m Hong Kong IPO
Weekly Global Wrap: Uber files lawsuit against DoorDash; Denny's closes more US restaurants; Mixue eyes $500m Hong Kong IPO
Here is a summary of the most interesting QSR news stories of the week globally.
Americana Restaurants’ net profit drops by almost 39% YoY in 2024
This was attributed to lower adjusted EBITDA, higher depreciation from new stores, and UAE corporate tax implementation.
Oakberry partners with BWT Alpine Formula One Team
The brand will add a special Açaí bar to Alpine’s motorhome at the European Grand Prix.
QSR leaders share game-changing strategies at Asia's biggest QSR conference
The event will be on 3 April 2025.
Social Media Wrap: Marrybrown's new restaurant launch; Tealive Philippines holds giveaway; Pizza Hut Singapore unveils heart-shape Valentine's pizza
Find out what QSRs have been up to on social media this week.
Yum China’s net profit climbs by 10% YoY to $911m in 2024
Its net profit for Q4 2024 also increased by 18.6% to $115m.
Inside Yum! Brands' new integrated tech platform Byte by Yum!
At least 25,000 Yum! restaurants are utilising the platform.
Albaik CEO reconfirms Pakistan launch
The expansion is said to be in its final stages.
Weekly Global Wrap: US chain adds egg surcharge; Burger King unveils game-day Whopper; Former KFC Turkey operator files for bankruptcy
Here is a summary of the most interesting QSR news stories of the week globally.
99 Pancakes unveils Valentine's specials
The latest specials are priced from ₹299 to ₹449.
Domino’s Pizza Enterprise to close 172 Japan restaurants to improve profit
The brand aims to focus on prefectures where it has the advantage.
Yum China sales increase by 5% YoY in 2024
The company increased its cash dividend to 50%.
Pizza Hut Singapore offers exclusive private dining experience in new promo
The brand will close the whole restaurant for their date.
Starbucks to reduce 30% in its F&B offerings in the US
It was not specified whether international locations would be affected as well
Chinese bubble tea brand operator Guming eyes $200m in HK IPO
The brand is selling 158.6 million shares.
Third Wave Coffee unveils its Valentine’s Day menu
The theme of the menu is Heart Crafted.
Little Caesars unveils new snack in Super Bowl LIX ad in the US
The brand is the official pizza sponsor of the NFL.
