News
Yum China sales up by 2% YoY in Q1 2025
Yum China sales up by 2% YoY in Q1 2025
The company has declared a cash dividend of $0.24 per share on its common stock.
99 Pancakes launches summer menu featuring mangoes
The limited-time range is available until 30 June.
Flash Coffee secures $3m funding to accelerate Indonesian expansion
The brand plans to expand its footprint to over 70 locations nationwide and enter two new cities.
Luckin Coffee net revenue surges 41.2% in Q1
Revenues from self-operated stores also increased by 41.5%.
Pizza Hut Singapore unveils new Sir Melts-a-Lot plushie
The brand is also hosting a 10-minute “cooking” experience with cosplayer Rurusama.
Amorino expands catering services in UAE
The service is designed for weddings and other private events.
Shakey’s Pizza Asia profits up 11% in 2024
Systemwide sales (SWS) are at $385m (PHP21.7b), up by 17%.
Social Media Wrap: Auntie Anne's Thailand wraps up April with new merch; Jollibee partners with runner Natalie Dau; McDonald's Hong Kong launches exclusive partnership with BABYMONSTER
Find out what QSRs have been up to on social media this week.
Weekly Global Wrap: Jersey Mike's hires former Wingstop CEO; ZUS Coffee to open 200 cafes in SEA; Taco Bel rival to be sold
Here is a summary of the most interesting QSR news stories of the week globally.
I’m Hungry partners with fuel marketing company OOMCO
The brand will open restaurants in OOMCO service stations.
TGI Fridays appoints new president of international franchising
This comes amidst a sharp decline in restaurant numbers in the US.
Jollibee Group partners with Nutricycle Inc. to convert food waste to fertilisers
This could produce 480-960 bags of organic fertiliser annually.
BonBird debuts in Oman
A second location is already in the works for Q2 2025.
Devyani acquires Indian F&B operator Sky Gate Hospitality for $49.1m
The deal is expected to be completed in May.
McDonald’s brings 'Mood-Engine' concept store to Hong Kong
The store is located at Admiralty Station.
Third Wave Coffee partners with HarperCollins India for World Book Day
The partnership will turn select Third Wave Coffee outlets into cafe libraries.
Shogun Burger opens pop-up in Hong Kong
The pop-up will open in Regent Hong Kong’s The Lobby Lounge.
Commentary
The Tablet Graveyard: Why App Fatigue Is Becoming a Food Safety Problem in Asian QSR